E-commerce posts first ever year-over-year decline
Update at 1:38 p.m. PDT, with additional details from the ComScore report.
Online shoppers put a stranglehold on their wallets in the first several weeks of November, marking the first historic decline in e-commerce sales, according to a ComScore report released Tuesday.
Market researcher ComScore said online shopping declined 4 percent during the first 23 days of November, compared with a comparable time period last year.
During the first 23 days of the month, ComScore said online retailers rang up a total of $8.19 billion in sales.
For online retailers, growth in e-commerce sales had been steadily … Read more