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More Shopaholics Hitting the Web, Jupiter Says

 

More shopaholics are hitting the Web.

Jupiter Research predicts the number of people buying gifts online will jump 75% this holiday season, but it estimates that the number of heavy online shoppers will increase almost fourfold.

The research firm says 35 million U.S. residents will make purchases online, up from 20 million last year. The number of people spending more than 50% of their gift budgets online, however, will likely rise to 6.3 million from 1.6 million last year, Jupiter says. ...

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