NEW YORK – Credit unions considering whether the growth of the online channel might be abating among consumers may want to take note of a new report from Jupiter Research that shows Internet retail sales on an upward climb. Jupiter Research says that U.S. online retail sales will continue to grow by 17% a year through 2008, going from $65 billion this year to top $117 billion four years from now. Credit unions also might want to make sure to keep their Web sites current. While only 5% of retail sales occur online, according to Jupiter Research, by 2008, fully 30% of of offline retail purchases will be be influenced by research performed online.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
