Home / Knowledge / News / Apparel/Garments / Ecommerce accounts for 6.6% of US retail sales in Q3 2014
Ecommerce accounts for 6.6% of US retail sales in Q3 2014
22
Nov '14
Ecommerce sales in the third quarter of 2014 accounted for 6.6 per cent of total retail sales, on adjusted for seasonal variation but not for price changes basis, the Census Bureau of the US Department of Commerce has announced.
 
During the quarter, US retail ecommerce sales stood at $78 billion, registering an increase of 4 per cent over second quarter of 2014. Overall retail sales for the third quarter of 2014 were estimated at $1,185.1 billion, showing an increase of 0.9 per cent from the second quarter of 2014.
 
The third quarter 2014 e-commerce estimate increased 16.2 per cent from the third quarter of 2013, while total retail sales increased 4.2 per cent in the same period, the Census Bureau said.
 
On a not adjusted basis, the estimate of US retail e-commerce sales for the third quarter of 2014 totalled $71.9 billion, an increase of 2.5 per cent from the second quarter of 2014. The third quarter 2014 e-commerce estimate increased 16.2 per cent year-on-year, while total retail sales increased 4.3 per cent in the same period. E-commerce sales in the third quarter of 2014 accounted for 6.1 percent of total sales, without adjusting for seasonal variation.
 
The Census Bureau defines ecommerce sales as sales of goods and services where the buyer places an order, or the price and terms of the sale are negotiated over an Internet, mobile device (M-commerce), extranet, Electronic Data Interchange (EDI) network, electronic mail, or other comparable online system. However, payment may or may not be made online. (RKS)
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search