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Online retail could reach $156B in 2009

Online retail sales will likely keep climbing in 2009, even in the recession.

According to projections from Forrester Research, U.S. online retail sales are expected to rise 11 percent to $156 billion this year, excluding revenue from travel. However, that will mark a slowdown in the overall growth rate, which was 13 percent in 2008, when online retail sales totaled $141 billion, Forrester says.

By RACHEL METZ, AP Technology Writer

Full Story: http://www.sfgate.com/cgi-bin/article.cgi?file=/n/a/2009/01/29/financial/f121412S20.DTL

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