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Article: 2007 Online Holiday Retail Sales Grew 29 Percent as Tracked by Chase Paymentech Pulse Index.
- Article from:
- PR Newswire
- Article date:
- January 14, 2008
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eCommerce Growth Exceeds Industry Expectations; Indicates Increased Consumer Confidence in Web Shopping
DALLAS, Jan. 14 /PRNewswire/ -- Sales volume and the number of transactions conducted at 10 of the largest U.S. retail Web sites rose 29 percent during the 2007 year-end holiday shopping period, according to data tracked by the Chase Paymentech Pulse Index (http://pulse.chasepaymentech.com/), suggesting that online shopping provided one of the few bright spots in an otherwise sluggish period for the retail sector.
During the 2007 holiday shopping season -- defined as the first Monday in November (Nov. 5, 2007) through the first Monday in January ...