NYT: INTERNET SALES IN 'DRAMATIC SLOWDOWN'
Sat Jun 16 2007 12:46:20 ET
Since the inception of the Web, online commerce has enjoyed hypergrowth, with annual sales increasing more than 25 percent overall, and far more rapidly in many categories. But in the last year, growth has slowed sharply in major sectors like books, tickets and office supplies, the NEW YORK TIMES will report on Sunday, newsroom sources tell the DRUDGE REPORT.
In Page One leads, the paper claims: "Growth in online sales has dropped dramatically in such diverse categories as health and beauty products, computer peripherals and pet supplies. Analysts say it is a turning point and growth will continue to slow through the decade."
** Story literally a cut and past from Drudge Report, main article not published yet.