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Online retail could reach $156B in 2009
January 29, 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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