2Q Online Sales Jump 17%

According to Mercent Corp.’s eCommerce Performance Index, overall e-retail sales grew 17% during the second quarter 2011 compared with the same quarter 2010. Note the index is only based on sales by 120 clients of Mercent. Of note, Mercent forecasts that the 2011 holiday shopping season will deliver solid double-digit percentage growth that may be slightly weaker than the gains posted last holiday season.