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E-commerce brings cheer to uncertain retail season

Predicting holiday spending is never easy. During last

Photo credit: Steve Pfost | Predicting holiday spending is never easy. During last year's holiday period, overall sales were strong, but retailers' profits were eroded because they had to do a lot of discounting to get shoppers to spend, particularly during the final weeks before Christmas. (Nov. 13, 2011)

E-commerce is injecting excitement into a holiday shopping season characterized by bargain hunting and last-minute purchases, a new report says.

Retail spending online from Nov. 1 to Dec. 21 totaled $38.7 billion, a 16 percent increase versus the same period in 2011, according to online researcher comScore. The five-day workweek starting with "free shipping Monday" on Dec. 17 and ending Dec....

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