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« December 21, 2002 | Main | December 23, 2002 »

December 22, 2002

New York Times: Online sales up for the holidays - but how much?

Bob Tedeschi reports on the growth in online sales this holiday season. Turns out the various pundits who track these numbers don't agree.

Whatever the final numbers show, no one disagrees that people are now doing significant amounts of holiday shopping online. Mr. Schehr estimated that of the $800 the average Web shopper would spend on holiday purchases this holiday season, $235 would be spent online.

Seattle Times: InfoSpace names new CEO

The company announced last night that telecom veteran Jim Voelker will immediately become its new chief executive officer, chairman and president.

Seattle Times: Online banking starts to click

Bradley Meacham reports on the growth of online banking.

Boston Globe: Online holiday shopping

Hiawatha Bray interviews comScore Networks' Dan Hess on the increased level of online shopping this year.

Q. How's business for Internet retailers? A. It's shaping up to be a very strong season for online retail. Back before the season began, we predicted approximately $14 billion in nontravel sales for the fourth quarter, which would give us growth in the order of 30 percent over last season, and we're on a path to hit that.

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