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: Apple helps iTunes users delete free U2 album

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

Tokyo Game Show: On the hunt for the next Minecraft

42 minutes ago

The staggering $2.5 billion that Microsoft has just shelled out for Minecraft and its quirky graphics will be foremost in developers' minds at the Tokyo Game Show this week, where simple yet immersive games ...

A Closer Look: Your (online) life after death

1 hour ago

Sure, you have a lot to do today—laundry, bills, dinner—but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.

Web filter lifts block on gay sites

1 hour ago

A popular online safe-search filter is ending its practice of blocking links to mainstream gay and lesbian advocacy groups for users hoping to avoid obscene sites.

Jindal: Obama hasn't done enough to harness energy

1 hour ago

The governor of the state of Louisiana, a possible Republican presidential candidate, said Tuesday that President Barack Obama's administration has become "science deniers," failing to do enough to harness the nation's energy ...

User comments : 0