Online Retail Spending Tops Record $40 Billion

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U.S. online retail spending reached a record $43.4 billion in the fourth quarter of 2010, an increase of 11 percent over a year ago, according to a new report from comScore. This growth rate is the fifth consecutive quarter of positive year-over-year growth and second quarter of double-digit growth rates in the past year. “Retail e-commerce had a strong fourth …