Why Read This
Report
Amid a global financial crisis, US online retail (excluding auto, travel, and prescription drugs) managed to grow 11% in 2009 to reach $155.2 billion. With a 10% compound annual growth rate (CAGR), US online retail sales are forecast to reach $248.7 billion by 2014. In this report, we also examine the outlook for three of the top product categories: computer hardware, software, and peripherals; apparel, accessories, and footwear; and consumer electronics. Growth in online retail sales will also continue to outpace growth in offline retail sales, as low prices, convenience, and selection drive more shoppers to the Web.
COMMENTS ()