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January 03, 2007
Online Holiday Spending Up 26%
Internet sales leaped 26% for the 2006 holiday season, bringing in over $26 billion.
Although the spike spells good news for online retailers, the trend threatens traditional brick-and-mortar retailers who are challenged to compete with online rivals who can often offer a larger selection at lower overhead.
Now it’s up to specialty apparel retailers to set themselves apart by selling luxury and exclusive items with excellent customer service.
Posted by Blacks on January 3, 2007 10:08 AM
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