Electronics E-Commerce Sales Jump
Economic crisis or not, sales of consumer electronics online surged in the first two weeks of the holiday retail season.
According to numbers released by the NPD Group, the category saw a gain of 19 percent during Black Friday week and the week after over the same period in 2007.
“We saw retail sales decline over Black Friday and Cyber Monday, but e-commerce proved to be an enormous shot in the arm to the consumer technology industry this year,” the group's vice president of industry analysis, Stephen Baker, said as part of the release. “The growth rates for Thanksgiving Week and Cyber Monday, as well as the sales volume levels, indicate a shift where consumers are spending.”