Thursday, May 17, 2018

US e‑commerce accounts for 13.8% of total retail sales in the first quarter

Internet Retailer
U.S. online retailers generated $114.42 billion on the web in the first quarter, a 16.4% increase compared with $98.29 billion in Q1 2017, the Department of Commerce reported today.

The year is off to a good start for e-commerce, as this is a slightly higher growth rate than e-commerce for 2017 as a whole, when U.S. online sales rose 16.0% to reach $453.46 billion compared with $390.99 billion in 2016. . . . more