Monday, August 20, 2018

E‑commerce accounts for an estimated 13.3% of US retail sales in the second quarter

Internet Retailer
U.S. online retailers generated $120.45 billion on the web in the first quarter, a 15.4% increase compared with $104.41 billion in Q2 2017, the Department of Commerce reported today.

This is a slightly lower 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. It’s also a slightly lower growth rate than the first quarter, when online sales from U.S. merchants grew 16.4%. . . . more