Word on the Street: Online holiday shopping
THE BRONX - A new study by Simon-Kucher & Partners reveals that consumers shop online because of product selection and the speed of delivery.
The survey finds that less than a quarter of people cite low prices as the reason they turn to the Web for shopping.
Bronx shoppers say that they like online shopping because stores have long lines.
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Last year, 167 million people shopped online. Experts say that by 2016, online retail sales will reach $327 billion.