Online Retail Sales Figure Outstrips Another Sector, But It's Not The Milestone It May Appear To Be

The thing is, while online sales as measured in the non-store sales category by the Commerce Department by about 400% since February 1999—to $59.77 billion in February, from under $12 billion—the truth of the matter is that online sales growth has slowed and that the retail share on a seasonally adjusted basis didn’t rise anywhere close to the sales rate. Online’s retail share climbed to 11.

Yes, the trend of consumers shopping online is here to stay, and the trend of underperforming retailers from

garyvee 🧐

Tell that to Toys R Us, Sears, Payless Shoes, etc....

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The most profitable company in the world is not Apple — it's Saudi AramcoSaudi Aramco, the world's biggest oil producer, made core earnings of $224B last year - almost 3x as much as Apple - figures from the state-owned company showed Monday ahead of its debut international bond issue. That’s nice. We don’t need Saudi Arabia or their oil.
Source: NBCNews - 🏆 10. / 86 Read more »