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Holiday online sales on fire
Report shows a 43% jump in Internet shopping during Christmas holiday week.
December 29, 2003: 7:16 AM EST

NEW YORK (CNN/Money) - Online shopping showed a big holiday surge over Christmas week as shoppers flocked to the Internet for their last-minute gift buying, ringing up $950 million in total online sales, according to a market research firm's report.

ComScore Networks, an e-commerce market research firm based in Reston, Va., said Sunday that total sales for the week ended Dec. 26 rose 43 percent over the same period a year ago.

"With the exception of Christmas Day, when so many consumers turn their attention from gift shopping to gift giving, our data reported sales over $100 million dollars in each day of this latest week," Dan Hess, senior vice president of ComScore wrote in a report.

"This week's strength was driven by Christmas occurring one day later in the week than last year, plus continued robust sales across most major product categories," Hess said. "As expected, categories such as gift certificates and flowers were standouts, thanks to the ability to send such gifts purely online or with same-day delivery."

Through Friday, actual season-to-date sales are $11.7 billion, an increase of 29 percent versus year ago.

ComScore expects total online retail spending for the key holiday period of November and December to be up about 25 percent to 30 percent to between $12.1 billion and $12.6 billion. Holiday online sales in 2002 rose 19 percent to $9.7 billion  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.