Online holiday spending hit all-time high last week
Even though the economy is still having trouble kicking in to high gear, consumers are spending boatloads of cash on gifts this holiday season.
Between November 1 and December 18, U.S. online shoppers have spent a whopping $32 billion, jumping 15 percent compared with the same period last year, when sales hit $27.8 billion, research firm ComScore reported today. Last week's sales performance was most impressive, hitting $6.3 billion during the seven-day period ended December 18 and setting a new all-time spending record for a single week. Last year, online shoppers in the U.S. spent $… Read more