Energy prices pushing shoppers online

Dec 14, 2005

More than one out of every three online households said rising energy prices would alter their holiday shopping this season, a survey found.

According to the Conference Board and TNS, more than half of all consumers will make fewer trips to the mall, while more than one out of every three plan to cut back their spending to combat costs. Some 30 percent will do more of their holiday shopping online instead of in stores.

"Higher prices are driving more shoppers to the Internet instead of to the mall and changing the way consumers are doing their holiday shopping this year," said Lynn Franco, director of The Conference Board Consumer Research Center. "But if energy prices recede, there is no guarantee these consumers will return to the malls. They may very well continue to point, click and ship instead."

The Conference Board and TNS report their online shopping survey Wednesday. The Consumer Internet Barometer is produced by The Conference Board, a global research and business membership organization, and TNS, a custom research company. The survey covered 10,000 households.

Copyright 2005 by United Press International

Explore further: Some British Airways frequent flier accounts miles breached

add to favorites email to friend print save as pdf

Related Stories

How healthy is that puppy on the website?

May 22, 2014

Many people looking for a new puppy for the family are buying them online - with significant potential risk of future health and behavioural problems with their dogs, according to University of Adelaide research.

Yahoo takes hit after Alibaba IPO filing

May 07, 2014

Yahoo shares tumbled Wednesday on concerns its stake in Alibaba may be worth less than anticipated following the Chinese online giant's stock market offering.

Power (of electronics) to the people

Jan 15, 2014

MIT Media Lab alumna and entrepreneur Ayah Bdeir SM '06 wants to help all people worldwide, tech savvy or not, understand and build creatively with electronics.

Recommended for you

Solar Impulse departs Myanmar for China

7 hours ago

Solar Impulse 2 took off from Myanmar's second biggest city of Mandalay early Monday and headed for China's Chongqing, the fifth flight of a landmark journey to circumnavigate the globe powered solely by ...

DARPA seeks new positioning, navigation, timing solutions

Mar 28, 2015

The Defense Advanced Research Projects Agency (DARPA), writing about GPS, said: "The military relies heavily on the Global Positioning System (GPS) for positioning, navigation, and timing (PNT), but GPS access is easily blocked by methods such as jamming. In addition, many environments in which our mil ...

Future US Navy: Robotic sub-hunters, deepsea pods

Mar 28, 2015

The robotic revolution that transformed warfare in the skies will soon extend to the deep sea, with underwater spy "satellites," drone-launching pods on the ocean floor and unmanned ships hunting submarines.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.