Online Holiday Spending Jumped 13%

RESTON, VA. - E-commerce sales in the first 56 days of the November-December holiday shopping period rose 13% to $30.8 billion, with online sales for the week ended Dec. 26 up 17% to $2.45 billion, according to the comScore ratings agency.
     The two strongest days were Thanksgiving (Nov. 25), with sales up 28% year-over-year to $318 million; and "Free Shipping Day" (Dec. 17), with sales up 61% to $586 million. "For at least this holiday season, the American consumer has been able to shrug off the continuing economic challenges of high unemployment rates and depressed housing prices and spend at a rate that has been slightly stronger than we had expected," said comScore chairman Gian Fulgoni.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos


HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!