Advertisement

E-Commerce Sees Best Growth since Recession 

Feb. 11, 2013

E-commerce sales finally have rebounded to pre-recession growth rates, according to a report from Reston, Va.-based digital measurement firm comScore. Retail e-commerce sales grew 15 percent to $186.2 billion in 2012 paced by a Q4 total of $56.8 billion. It marked the first time in history that e-commerce sales exceeded $50 billion in a quarter. The fourth quarter of 2012 was the ninth consecutive showing double digit growth in U.S. e-commerce sales.

“2012 was a year in which—for the most part—e-commerce continued to grow strongly, despite an uneven macroeconomic environment showing signs of recovery but also cause for continued concern,” said Gian Fulgoni, chairman of comScore. “With e-commerce growth rates consistently in the mid-teens throughout the year, it is clear that the online channel has won over the American consumer and will increasingly be relied upon to deliver on the dimensions of lower price, convenience and selection.”

Also, according to comScore, as a percentage of total retail sales, e-commerce reached double digits (10 percent) in 2012 for the first time.



Advertisement


  • Data Breaches: Passwords and Baseball - June 18, 2015
    Data Breaches: Passwords and Baseball

    While the U.S. government continues to assess the damage done by the illegal intrusion of the networks of the Office of Personnel Management, two other hacks uncovered this week show the evolving nature of data breaches and the variety of information hackers are seeking.

  • Former NBA All Star Turns to CNP Fraud - June 1, 2015
    Former NBA All Star Turns to CNP Fraud

    Chris Gatling, a forward who played for eight different teams over an 11-year NBA career that included one All-Star Game appearance, was arrested in Scottsdale, Ariz. on Thursday and charged with fraud, aggravated identity theft and forgery.

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here