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The Lowdown



Jan. 7, 2008 Post

Here's the The Lowdown from DNJournal.com! Updated daily to fill you in on the latest buzz going around the domain name industry!

Compiled by Ron Jackson (Editor/Publisher)

 

The latest update on the holiday shopping season showed online merchants were the big winners again this year. In a report from the Center for Media Research today, the latest 

numbers from ComScore, Inc. were dissected for 57 days of the 2007 holiday season (November 1 - December 27). They showed nearly $28 billion has been spent online during the season-to-date, marking a 19% gain versus the corresponding days last year.  

ComScore Chairman Gian Fulgoni said "We continue to see some relatively strong online spending days. The day after Christmas saw online sales of $545 million, more than double the sales on the same day last year."  Brick and mortar stores weren't as fortunate, but once the final numbers are in a surge of last minute shoppers is expected to bring the holiday season total for all retail in at close to the 3.6% increase that had been predicted going into the season.

(Posted Jan. 7, 2008)   

 

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