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Black Friday sales online top $1 billion for first time: comScore

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SAN FRANCISCO (Reuters) – Black Friday retail sales online topped $1 billion for the first time this year as more consumers used the Internet do their holiday shopping, comScore Inc said on Sunday. Online sales jumped at least 22 percent on Black Friday, from sales of $816 million on the same day last year, according to comScore data. E-commerce accounts for less than 10 percent of consumer spending in the United States. However, it is growing much faster than bricks-and-mortar retail as shoppers are lured by low prices, convenience, faster shipping and wide selection. . . .

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