Web Retailers Increase Quarterly Web Sales

Posted by John B. Frank Friday, May 8, 2009

From: IRNewsLink (click to enlarge pic)

Web retailers increase their quarterly web sales

Even in the current recession, people are still shopping online and more so than one year ago. The combined web sales of 13 retailers that broke out quarterly web sales in early April through early May increased year over year by 14.1% to $6.15 billion from $5.39 billion. Six web retailers posted quarterly gains year over year in e-commerce sales while seven others showed a decrease. Amazon.com continued to show its outsized influence on the web retailing market by posting an 18.4% increase in Q1 2009 web sales to $4.89 billion from $4.13 billion in the first quarter of 2008. Without Amazon, the remaining 12 retailers increased their quarterly sales year over year by 0.2% to $1.267 billion from $1.264 billion. Six other web retailers also finished out 2008 with higher e-commerce sales, increasing their combined total by 11.2% to $1.39 billion in 2008 from $1.25 billion in 2007.

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