But as the season draws to a close, the research company noted that holiday sales growth in retail e-commerce in the U.S. was lower than anticipated. In the first 52 days of the November-December 2013 holiday season, total sales achieved were $42.8 billion from desktop devices, rising 10 percent on y-o-y basis. There was anticipation that the sales would be more, as this year packs in fewer days for the holiday season.
The company noted that ‘this holiday online season will be one in which the absolute dollar sales gains in consumer spending were held back by heavy retailer price discounting that occurred in an attempt to stimulate consumer demand, while at the same time, consumers weren’t willing or able to increase their spending rate to fully compensate for the six-day shorter shopping period between Thanksgiving and Christmas.’
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