Online spending to reach $43.4bn in Nov, Dec - comScore November 22, 2012 - 13:27 AMT PanARMENIAN.Net - According to comScore's latest estimates, consumers are to spend $43.4 billion on web-based shopping during November and December. This would mark an increase of 17% year-over-year for the same two-month period of 2011, TweakTown reports. 2011's online spending was around 15% higher than it was in 2010, showing that it has increased year-on-year for a while now. This year's forecast is actually much higher than the industry's overall retail expectation, which expects a 4.1% rise in consumer spending during the 2012 holiday season. ComScore chairman, Gian Fulgoni, has said that if the estimates are true, it would be a great finale to a great year for retail e-commerce. Fulgoni has an optimistic outlook on the season based on the strong lead-up to the 32 shopping days between Thanksgiving and Christmas. Partner news  Top stories The deal comes as Makani carries out the first fully autonomous flights of robot kites bearing its power-generating propellers. The validity period of BIT service is 30 days; the service cost is AMD 2500, with the maximum Internet speed of 384 kbps. The next generation iPad will keep its 2048 x 1536 Retina display by using a thinner 0.2mm piece of glass. Apple uses two conventional offshore tax practices typical of multinational companies' tax-avoidance strategies, the report said.   Partner news |  Latest news ANCA calls for legal actions against Nişanyan sentence  The ANCA asked the State Department to condemn the Turkish government's legal actions against Sevan Nişanyan.U.S. Supreme Court urged to review Genocide-era insurance case The Supreme Court is set to consider all submissions dealing with the Armenian Genocide-era insurance case on June 6.ANCA testimony to call for conditions on Turkey trade deal ANCA Government Affairs Director Kate Nahapetian will testify this coming week before the U.S. International Trade Commission.17 Pakistani children burnt to death as school bus explodes Many vehicles in energy-starved Pakistan are powered by relatively cheap compressed natural gas and cylinder blasts are common. |
