A double-digit growth has been witnessed in the online sales in six out of seven weeks since 31 October
A MasterCard Advisors’ SpendingPulse report has found that online shopping in the US rose 15.4% to $36.4bn for the holiday season.
The report also showed that a double-digit growth has been witnessed in the online sales in six out of seven weeks since 31 October, Reuters reported.
MasterCard Advisors SpendingPulse vice president Michael McNamara said today eCommerce accounts for a much larger share of overall retail sales compared to a few years ago.
Maximum sales have been registered by apparel, accounting 18.8% of overall sales in that category, up from 16.9% in 2009.
SpendingPulse also showed electronics gaining significantly in the online shopping category.