Shoppers Flock to the Web

By Julio Franco
May 28, 2004
  1. U.S. online retail sales increased a strong 51 percent in 2003, as vendors on average improved their bottom line, according to a survey conducted by Forrester Research on behalf of, the Internet sales division of the National Retail Federation.

    It was also the first year in which U.S. online retail sales exceeded $100 billion, reaching $114 billion. That represents 5.4 percent of all retail sales.

    Read more: PC World.
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