Tuesday, May 24, 2005

U.S. online retail sales seen at $172 bln in 2005

Via Reuters.

U.S. online retailers expect sales to climb 22 percent to $172.4 billion in 2005, with cosmetics, perfume and other categories aimed at women likely to show the biggest gains, according to a survey released late on Monday.

The annual Forrester Research and Shop.org study of 136 retailers found that online sales rose 23.8 percent to $141.4 billion in 2004. Excluding sales of travel services, online sales were also up 23.8 percent, to $89 billion, representing 4.6 percent of total U.S. retail sales.


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