E-Commerce Sales Hit Record Level

U.S. retail sales over the Internet making up a record share--almost 2 percent--of total retail sales, the Commerce Department said Monday.

E-commerce sales–purchases over the Internet, e-mail or other electronic networks–rose to $17.23 billion in the last quarter, a 29.7 percent increase over the third quarter. Overall retail sales rose 5.2 percent in the fourth quarter.

Read more at CNET News.com.