Q2 U.S. Retail E-Commerce Spending Up
Online retail spending reached $32.9 billion for the second quarter of 2010, up 9 percent versus a year ago, according to Q2 2010 U.S. retail e-commerce sales estimates from research firm comScore.
This represented the third consecutive quarter of positive year-over-year growth, following a year of flat or negative growth rates, comScore said.
Other highlights from the Q2 2010 report include the following:
- Upper-income households (those earning at least $100,000 annually) grew 17 percent versus a year ago, approximately twice the overall e-commerce growth rate during the quarter.
- Among the top performing online product categories were consumer electronics, computer software, computers/peripherals/PDAs, and books and magazines.
- Multichannel retailers regained e-commerce spending market share versus online pure-play retailers following five consecutive quarters of declining market share.