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Online Retail Spending Soars 15%

November 9, 2012
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Boding well for the holiday season, new data shows that online retail shopping remained strong in the third quarter of the year. Year-over-year, online retail spending increased 15 percent to $41.9 billion in the third quarter, according to new estimates from comScore. That represented the 12th consecutive quarter of positive year-over-year growth, and eighth consecutive quarter of double-digit growth, comScore Chairman Gian Fulgoni said Wednesday....


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