The Kiplinger Letter Forecasts Increased Online Retail Sales
Monday, October 20th, 2008 by August AshWhile many industries are declining, some even disappearing, this excerpt from the Kiplinger Letter forecasts a bright future for online retail sales.
“Online retail sales will soar 16% in 2008, to about $200 billion. Then, growth will slow, leveling off at 10% per year by 2012. The number of shoppers will rise only 2% a year, but they’ll buy more… some, much more. Half of online shoppers account for two-thirds of sales. (more…)
