Ecommerce Spikes by Most Ever. Brick & Mortar Melts Down. Department Stores are Toast
What’s astounding many people: ecommerce growth is not leveling off, but keeps surging at blistering rates. By Wolf Richter for WOLF STREET. Ecommerce retail sales jumped 16.4% in the fourth quarter 2019 compared to a year earlier (not seasonally adjusted), to $187 billion, and reached $602 billion for the year, double the amount five years ago, according to … Read more