(Length: 2 pages)

April 29, 2003

Q1 2003 Online Sales: Bucking The Retail Trend

by Carrie Johnson

with Kate Delhagen

Executive Summary (This is a document excerpt)

Q1 online retail sales in the US grew to $24 billion, a 20% year-over-year quarterly increase. As in Q1, retailers that offer innovative deals to cash-concerned consumers will keep online sales growing in Q2 despite offline retail sluggishness.

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Analyst: Carrie Johnson
Industry: Business-To-Consumer eCommerce, eBusiness/eCommerce, Retail
Geography: North America

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