Holiday Retail Sales to Hit $738 Billion

October has just begun, and for many retail outlets that means dragging out the holiday decorations. With the economy slowly rebounding over the past five years, experts are now expecting to see a marginal increase in sales this holiday shopping…

Online Holiday Spending Hits $29.1 Billion

Online holiday spending during 2009 reached $29.1 billion, representing a four percent increase over the same period last year, according to a new report from comScore.

"The 2009 online holiday shopping season was a positive one as its growth rate slightly surpassed our forecast and returned to solidly positive rates after nearly a full year of marginally negative growth," said comScore chairman Gian Fulgoni.