E-commerce Penetration on the Rise

Congratulations are in order for the e-commerce industry, as the Census Bureau of the Department of Commerce found that year-over-year online retail sales were up by more than 25 percent. The preliminary figures revealed that e-commerce accounted for 1.9 percent of total retail sales in the fourth quarter of 2003, resulting in revenues of more than $17.2 billion. [ClickZ]