It seems that e-commerce spending is up 26% to a record $816 Million. From the looks of the reports Amazon gets the nod as the most visited retailer online. As we heard on Saturday, IBM reported a 24 percent increase in online sales for Black Friday this year. ComScore is announcing even stronger results for e-commerce, with Black Friday seeing $816 million in online sales, making it the heaviest online spending day to date in 2011 and representing a 26 percent increase versus Black Friday 2010 ($648 million spent). ComScore says fifty million Americans visited online retail sites on Black Friday, which is an increase of 35 percent versus year ago. Each of the top five retail sites achieved double-digit gains in visitors vs. last year, led by Amazon. Walmart ranked second, followed by Best Buy, Target and Apple.
This is a great sign that maybe things will be picking up in the economy soon. Even I got in on the e-shopping. Although it was on Saturday I picked up a nice GPS for about $120 bucks saving over $80. Sometimes when the deal is good enough you just got to grab it.