U.S. Online Shopping Sales Hit $43.2 Billion Last Quarter
A new comScore report shows that Americans spent $43.2 billion shopping online last quarter. That is at 15 percent year-over-year increase.
The epicenter in the shift in the average consumer experience can be summed up by two retailers: Amazon and Best Buy. Best Buy, one of the largest retailers in the United States, saw a 5 percent decline in sales, while Amazon, one of the largest online retailers, saw a 32 percent increase.
It’s not all bad news for Best Buy, as they saw a 20 percent increase in online revenue.
The comScore report showed the the surge in online shopping was led by sales of computer hardware and consumer electronics, along with clothes, apparel and digital content.