Internet Retail Industry Overview

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Industry Description

Companies that retail products over the Internet.

Industry Trends

Growth in Online Households

The growth in retail purchases online will be due in large part to new online buyers, not just increased buying by veteran online shoppers. More than 55 percent of all US households have Internet access. Broadband access has increased to more than 30 percent of households, making online purchasing faster. Jupiter Research predicts that the number of people who shop online will grow about 50 percent by 2008.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Internet Retail maps to a number of NAICS codes including:

NAICS
NAICS Title

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Internet Retail industry.

Indicator
Total
NAICS Codes
1
Establishments
5,498
Sales, receipts or shipments ($1,000)
$24,057,284
Annual Payroll ($1,000)
$1,672,540
Paid Employees
51,049

Industry People



Industry Jobs

McCoy's Building Supply - Belton.TX
From McCoy's Building Supply
Verizon Wireless - Basking Ridge.NJ
From Verizon Wireless
Vibrant Media - New York.NY
From Vibrant Media