Online shopping e-commerce ecommerce internet shop concept blue computer keyboard
© Boarding1now

SEEKING ALPHA reports:

– According to the Verizon Business Retail Trends Report, online retailers are booming as Covid-19 restrictions led to an increase in online shopping this holiday season.

– As per the National Retail Federation (NRF) first week of November 2020 shows 82% Y/Y increase in data traffic.

– 20% fewer people are moving to and around malls vs. last year and 59% more people visiting malls since the height of COVID-19 restrictions which led to 28% Y/Y increase in use on payment sites.

– ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article


You must be logged in to post a comment.