| Vic Marcus Muschiano, Vortex Advisory Group President meets with Italian Ambassador to US, Giovanni Castellanetta at a recent International Conference.
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| According to a U.S. Commerce Department report, the e-commerce sales sector grew 19% in 2007 to 6.4 billion, while overall retail sales grew by only 4%. E-commerce sales totaled .2 billion in the fourth quarter - 18% more than the same quarter in 2006, while total retail sales increased 4.7%. This means that the Commerce Department estimates e-commerce accounted for 3.4% of all U.S. retail sales in 2007, up from 2.9% in 2006. However, they claim that the retail sales figure includes many sales that are not likely to occur online—such as restaurant, convenience store, gasoline and heating fuel receipts. The Commerce Department figures are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes.
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| Vic Marcus Muschiano, President Vortex Advisory Group, modertes WPI Venture Forum event - In Search of Entrepreneurship Wisdom.
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