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Growth forecast for online sales

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On May 16, 2003, 3:59 AM

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 Shop.org, a division of the National Retailing Federation.

Read more: [URL=http://news.com.com/2100-1019_3-1003491.html?tag=lh]Cnet News[/URL].

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