U.S. Online Shopping Sales Hit $43.2 Billion Last Quarter

U.S. Online Shopping Sales Hit $43.2 Billion Last Quarter
World

A new comScore report shows that Americans spent $43.2 billion shopping online last quarter. That is at 15 percent year-over-year increase.

The epicenter in the shift in the average consumer experience can be summed up by two retailers: Amazon and Best Buy. Best Buy, one of the largest retailers in the United States, saw a 5 percent decline in sales, while Amazon, one of the largest online retailers, saw a 32 percent increase.

It’s not all bad news for Best Buy, as they saw a 20 percent increase in online revenue.

The comScore report showed the the surge in online shopping was led by sales of  computer hardware and consumer electronics, along with clothes, apparel and digital content.

Elite. 

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In World

World Sean Levinson

Forget Raving, MDMA Is Helping War Veterans Cope With Their PTSD

Tony Macie is one of the many Iraq veterans who returned home with post traumatic stress disorder. Doctors gave him anti-depressants but, as usual, they were no use. Thankfully, Tony is very open-minded and had heard of alternative methods of combating PTSD being experimented on in the Multidisciplinary Association for Psychedelic Studies (MAPS). Those are […]

World Katie Gonzalez

This Anti-Bullying Commercial Means Well But Completely Misses The Mark

Er… this anti-bullying PSA might prove that sometimes, something that is well-intentioned can still fail to deliver. The commercial, produced on behalf of VH1 by advertising agency Del Campo Saatchi & Saatchi, attempts to show how bullying is bad, and the ways in which students can cope after they’ve been victimized by the school’s biggest […]

World Katie Gonzalez

Duke’s ‘You Don’t Say’ Campaign Looks To Eliminate Offensive Sayings From Every Day Speak (Photos)

Duke University’s “You Don’t Say?” campaign totally hits the nail on the head; it’s the 21st century, and there’s some sh*t you just shouldn’t say anymore because it’s offensive and harmful to certain communities. Through black and white images, the campaign highlights some seemingly “harmless” phrases often spoken to serve as a funny one-liner or […]

Also On Elite

Technology

Mozilla CEO Steps Down After It Was Revealed He Donated To Anti-Gay Initiative

The CEO of Mozilla resigned last night after employees and customers condemned him for financially supporting an anti-same sex marriage bill in California. According to the Washington Post, Firefox announced on its blog that Brendan Eich would be stepping down just two weeks after taking the position. “We know why people are hurt and angry, […]

Press Play

Get Ready For Festival Season With This Epic Playlist (Listen)

Ultra and Coachella may be on opposite coasts, but together they mark the new start of festival season. We’ve rounded together some of the best and freshest EDM tracks, guaranteed to be ubiquitous on the dance floor this summer. Get groovin’. 1. W&W — “Bigfoot” 2. Jack Eye Jones — “Playground” (Tiësto Remix) 3. Andrew […]

TV

Don’t #CancelColbert When He’s Just Pointing Out The Hypocrisy Of Politics

Occasionally Twitter is simply noxious. It brings out the worst in people and allows some to act as righteous crusaders for justice when, in reality, they’re merely superficial cogs ignoring the real issues. This was never truer than the lame attempt to deprive America of one of its smartest and most progressive satirists. Every night […]