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Still No Growth in U.S. Online Retail Segment

August 10, 2009
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

Someday, the e-tailing sector will grow again. But not yet.

In the second quarter, U.S. online retail sales fell one percent year over year, following flat sales in the first quarter and a three percent drop in the fourth quarter of last year, according to ComScore.

“The marginally negative growth in Q2, on the heels of flat growth in Q1, signals that online retail spending has yet to turn the corner after a disappointing end to last year,” ComScore Chairman Gian Fulgoni said in a statement.

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