Friday, March 16, 2018

E‑commerce accounts for 40% of total retail sales growth in February

Digital Commerce 360

An analysis of new retail sales data from the Department of Commerce suggests e-commerce sales grew 15.8% in February.

U.S. nonstore sales grew steadily in February, new monthly data from the U.S. Commerce Department shows. What the agency calls “nonstore sales” reached $55.08 billion in February on a seasonally adjusted basis, a 10.1% increase compared with $50.01 billion in the same month of 2017. That’s about the same year-over-year increase as January, when nonstore sales increased 10.2%.. . . more