Wednesday, October 26, 2016

Shoppers dividing holiday budget between web and stores

Online shopping It's the moment brick-and-mortar retailers have been dreading.

As shoppers shift a greater chunk of their spending toward the web, consumers for the first time this holiday will allocate an equal amount of their budgets toward online and physical stores.

While that shift should help boost traditional retailers' digital revenues, it will nonetheless help web-based companies extend their lead over physical stores and shopping centers — gobbling up more of their market share in the process.. . . more

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