Growth forecast for online sales

By Julio Franco
May 16, 2003
  1. Retail sales figures online are expected to register double-digit growth this year and to capture 4.5 percent of the retail market overall, according to a study.
    Online sales could reach $96 billion this year, a 26 percent increase from last year. The figure is based on online transactions from Internet retailers, brick-and-mortar retailers and catalog companies, according to the report, released Thursday, from, a division of the National Retailing Federation.

    Read more: Cnet News.
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