Online holiday sales to hit record on early deals


December 27, 2014 | By RetailME Bureau

Amazon.com Inc. and other retailers are on pace to sell more products online than ever this holiday season, aided by early promotions and investments in delivery systems that helped avoid the widespread shipping delays of last year.

Web sales rose 14% from November 27 to December 21, reports consulting firm ChannelAdvisor Corp. That’s roughly in line with internet technology company ComScore Inc.’s November forecast that online purchases would gain 16% to $61 billion during the three months through December. The total may include $7.9 billion in mobile sales, says ComScore.

On Christmas day, consumers went online to buy music, applications and other content for new smartphones and tablets they received as gifts.

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