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Web retail a bright spot in tepid U.S. holiday season
SAN FRANCISCO (Reuters) - U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.
Submitted by
AmericanConsumer
12/2/2009
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AmericanConsumer
12/2/2009
AmericanConsumer is playing it
HHH
Long
12.29%
XRT
Short
6.98%
I am playing this headline with (HHH XRT) because Retail pairs trade. Online shoppers spent $102.19 per person, or 1.5 percent less than they did last year, although the number of shoppers rose 6 percent to 8.7 million, according to the company.
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