E-COMMERCE 0.64% OF RETAIL SALES

WASHINGTON (FNS) -- E-commerce sales for the fourth quarter of 1999 totaled $5.3 billion -- 0.64% of total retail sales, according to the Commerce Department's first-ever e-sales report."Obviously, as a percent of all retail sales it was small, but e-tailing has come of age," Commerce Secretary William Daley said at a press conference."Its impact on what consumers know about what they can buy or what

WASHINGTON (FNS) -- E-commerce sales for the fourth quarter of 1999 totaled $5.3 billion -- 0.64% of total retail sales, according to the Commerce Department's first-ever e-sales report.

"Obviously, as a percent of all retail sales it was small, but e-tailing has come of age," Commerce Secretary William Daley said at a press conference.

"Its impact on what consumers know about what they can buy or what they should pay goes far beyond today's percentage."

The government

Register to view the full article