Comscore released its Q3 2008 retail e-commerce report, which showed that online spending grew just 6 percent in Q3 2008 versus the same period last year, a slowdown compared to the year-over-year growth rates of 12 percent in Q1 and 13 percent in Q2 2008. Couple this report with a HitWise report that US visits to online retail websites have declined for the eight consecutive week to 2.92% of all US web visits. According to HitWise, the declines are the first decreases in retail traffic this...
November 3 2008, 8:09am | Original Link »
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