Select an Account to Sign In

Thryv

Text & Email, Appointment Scheduling, Customer Database

MyDex Account

Pay Bills, View Reporting, Manage Your Listings

Online Listings

Slow but Steady Gains in the Retail Race

Slow but Steady Gains in the Retail Race

By | 12.23.15
Slow but Steady Gains in the Retail Race

The most recent sales forecast from the market research company eMarketer shows retail sales increasing by 3.5 percent in 2016, up slightly over 2015’s 3.3 percent growth. This will translate into close to $5 billion in total U.S. retail sales over the coming year, or more than a fifth of the world’s retail transactions.

And, to the surprise of few, brick and mortar establishments were far and away the most popular point of purchase in the retail sector, accounting for more than 92 percent of the market share. However, eMarketer is predicting that ecommerce will continue on its path of steady, if slow, incursion on market share, rising from a 7.1 percent in 2015 to 9.8% by the end of 2019.

The future holds promise for all who operate in either or both sectors.

Reference:
eMarketer. US Retail Sales to Near $5 Trillion in 2016, December 21, 2015.

(Visited 39 times, 1 visits today)
Share on: Share to Facebook Share to Twitter Share to LinkedIn
Comments

Like what you see?
Get more free content.

Next Up In Online Listings

Want to Add Your Business to Bing? How to Get Found with Bing Places

Want to Add Your Business to Bing? How to Get Found with Bing Places

Read More

[Video] The Smart Way to Use Keywords in Your Online Listings

[Video] The Smart Way to Use Keywords in Your Online Listings

Read More

Last Minute Fourth of July Promotions With Online Listings

Last Minute Fourth of July Promotions With Online Listings

Read More

Explore the Blog