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<a href="http://www.accessmylibrary.com/article-1G1-123863331/online-holiday-sales-growth.html" title="Facts and information about Online Holiday Sales Growth Seen Falling From '03 Level; Expected To Rise 19% or 20%; As with offline retail sales, huge jump last year makes for a difficult comparison.(INTERNET & TECHNOLOGY)">Online Holiday Sales Growth Seen Falling From '03 Level; Expected To Rise 19% or 20%; As with offline retail sales, huge jump last year makes for a difficult comparison.(INTERNET & TECHNOLOGY)</a>
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Online Holiday Sales Growth Seen Falling From '03 Level; Expected To Rise 19% or 20%; As with offline retail sales, huge jump last year makes for a difficult comparison.(INTERNET & TECHNOLOGY)
Byline: PETE BARLAS
Santa Claus will again bring tidings of joy to online retailers. But the season might not be entirely Grinch-less.
Retailers can expect another record year of U.S. Internet-related sales this Christmas shopping season -- up as much as 20% from last year, say two new reports.
Yet the reports indicate that the growth rate of U.S. online shopping is slowing as Internet use hits a level of saturation.
Consumers will spend $21.6 billion buying gifts online this holiday, up 19% from a year ago, says market tracker Jupiter Research in a report to be released Monday.
Rival market tracker Forrester Research predicts online holiday spending will reach $13.2 billion, up 20% from the year-ago period. Jupiter's stats include all of November and December, while Forrester tracks sales from Thanksgiving through Christmas.
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