US online retail to grow 50% in the next five years

Apr 9, 2009 | Uncategorized

A new study by Forrester Research on behalf of Shop.org predicts that US online retail will grow 50% to reach $300bn (£151bn) by 2013, writes The Financial Times. The study showed that US online retail (excluding travel) was up 17% during 2007 to $175bn (£88bn) – equivalent to 6% of all US retail sales. Sales […]

A new study by Forrester Research on behalf of Shop.org predicts that US online retail will grow 50% to reach $300bn (£151bn) by 2013, writes The Financial Times. The study showed that US online retail (excluding travel) was up 17% during 2007 to $175bn (£88bn) – equivalent to 6% of all US retail sales. Sales for this year are expected to grow about 16% to $204bn (£103bn) – 7% of all US retail. Online clothing remained the most valuable category in 2007 at $22.7bn (£11.45bn), followed by computer hardware, peripherals and software with $20.7bn (£10.44bn).
Financial Times: http://www.harrisinteractive.com, 08/04/2008

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