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Online sales dwindling. (Latest Online Stats).(Brief Article)(Statistical Data Included)
In the first two fiscal quarters of 2001, business-to-consumer e-commerce sales dwindled, both as a whole and as a percentage of overall U.S. retail figures, according to a report published by the U.S. Commerce Department.
Internet retailers reported total sales of $7.46 billion in the second quarter of 2001, down from an all-time quarterly high of $8.88 billion in the fourth quarter of 2000, according to the report.
The $7.46 billion figure also marked a drop-off from the first quarter of this year, when retail sales topped $7.59 billion.
Despite the e-commerce sales malaise, overall U.S. retail sales actually ...
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