Retailers are reporting record online sales during the pandemic. But it won’t last forever

www.cnbc.com/2020/08/30/coronavirus-retailers-report-record-online-sales-during-pandemic.html

At Best Buy, online sales were up 242% during its fiscal second quarter, with people stocking up on electronics and equipment for their home offices. Target, Dick’s Sporting Goods, Lowe’s, Tiffany and Home Depot all reported triple-digit growth online.

We are primarily funded by readers. Please subscribe and donate to support us!

Will these eye-popping gains stick around? Likely not.

And not all e-commerce growth looks the same. Some retailers are finding ways to be more profitable than others.

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.