WordPress, without any doubt, can be used to create any type of website like blogs, newspapers, social networking and much more.

Jigoshop is a free plugin for e-commerce-enabling WordPress installations to easily sell both physical and digital products.

It allows the admin to track orders, views sales reports and track the inventory from a custom dashboard.

There are widgets like shopping cart, product search, navigation and filtering-by-price which can be positioned on any part of the website.

The store has several marketing tools like displaying related items automatically, discount coupons and cross/up sell.

Jigoshop can calculate tax-by-location and has multiple currency + shipping options. Currently, it has built-in support for PayPal, Moneybookers and cheque as the payment methods.

Requirements: PHP & MySQL
Website: http://jigoshop.com/