Tag archive: spending

Forget that image of a mislead teen ditching his friends to play World of Warcraft in his parents’ basement – according  to one new report, spending time online is actually beneficial to teen development. Last week, the MacArthur Foundation released a study indicating that teens use the Web to strengthen social skills and learn more about subjects that their friends might not share an interest in. “There are myths… Read More

The credit crunch might be biting hard globally, but it hasn’t stopped British consumers spending online. Figures for Internet commerce for July, compiled by IMRG and Capgemini, show the Brits spent $9.5 during the month, up 11.3% over June. That breaks down of around $160 for every man, woman and child in the country, and shows a great contrast to spending in bricks-and-mortar stores, where sales fell 0.9% from June to July.… Read More

According to comScore Networks, online spending at U.S. sites during 2006 jumped 24 percent compared to 2005, to a total of $102 billion for the year. Of that spending, almost a quarter landed during the end-of-year holiday season, which comScore tallies as accounting for some $24.6 billion in spending, up 24 percent from 2005. “2006 was certainly an exceptional year for online retailers as e-commerce spending eclipsed $100 billion… Read More