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On-Line Holiday Spending Setting Records!
Consumers in the United States took advantage of heavily promoted online sales since November 1, 2006, and have so far spent about $19.5 billion according to comScore Networks. The increase in online sales represents growth of 25 percent and is inline with earlier projections.
Free shipping and guaranteed delivery in time for Christmas (an offering most online retailers skipped in 2005) is driving online sales said Gian Fulgoni, comScore chairman.
Online spending on December 15, 2006, rose 38 percent and the rise was attributed to workers taking advantage of office high-speed connections.
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