E-Commerce Sales Up by 16%, $453.5 Billion in 2017
CBRE is reporting E-commerce retail sales increased by 16% to $453.5 billion in 2017, accounting for 8.9% of total retail sales for the year, according to a U.S. Census Bureau report released today (Figure 1). The growth was due in large part to brick-and-mortar retailers’ active investment in omnichannel platforms. E-commerce retail sales include both […]
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