-
Online Sales of Food/beverage/grocery Down: Study
WASHINGTON -- With $219.9 billion in revenues, the growth of e-commerce was higher than expected in 2006, matching the 25 percent year-over-year growth rate that the industry experienced in 2005 -- but online sales of food and beverage declined by 8 percent, according to part one of "The State of Retailing Online 2007" report, released today by Shop.org and Forrester Research.