Small, midsize retailers see ecommerce increase
Small and midsize retailers saw a 5 percent increase in online sales for the month of September. Sporting goods and booksellers experienced the most growth, continuing the trend for the sectors.
Internet Retailer reports that a study by Dydacomp revealed that in September, web retail sales rose by 5.4 percent from the previous month. However, the growth was just slightly below that of August, which increased by 5.9 percent from July. Small and midsize booksellers brought in $32.4 million overall, while sporting good retailers saw a total of $9.62 million. However, there were some industries that did not fare as well. This includes jewelry, home furnishings and consumer electronics, according to the research.
Online retail sales are expected to increase for 2012, states a survey from BDO, LLP. It is anticipated that ecommerce purchases will jump by 5.9 percent this year, which is significant when compared to the increases of 4.1 percent for in-store sales and 4.5 percent for overall purchases. Additionally, the study found that retailers are expecting a rise of 4.6 percent in online holiday sales.
