Home > Communication > US E-Commerce Sales Up In 2020

US E-Commerce Sales Up In 2020

SAN FRANCISCO: US e-commerce sales are anticipated to jump 18 percent this year, due to the impact of the coronavirus pandemic that has forced more shoppers online.

E-commerce researcher eMarketer says that, despite the increase, it’s not enough to make up for the overall hit that the US retail sector will take this year.

The research firm estimates US retail sales will drop by 10.5 percent in 2020 to US$4.89 trillion – a level not seen since 2016.

E-Marketer says US e-commerce sales will climb by 18 percent to reach $709.78 billion, representing 14.5 percent of total US retail sales.

You may also like
Woolworths Splashes $100m On New Robotic Fulfilment Centre
woman-holding-card-while-operating-silver-laptop-919436
Customers Prefer Online For CE Shopping
TikTok to Pay US$92M Settlement in Facial Recognition Lawsuit
OZ Consumers Back Brands That Deliver Immersive Content Online
Budget’s $27bn Tax Plan Will Help Small Business Move Online