Online sales to grow 12% in holiday season 2008

Fact recorded on: December 6, 2008. Categories: E-commerce.

Forrester Research says online sales are expected to hit $44 bln in the months of November 2008 and December 2008, growth of 12%. Despite modest growth in spending, 45% of online shoppers said they would spend less overall during this holiday, up from 20% in 2007.

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