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E-Commerce - Online Retailers Are Gaining in Sales Amid Coronavirus Fears
19 March 2020

As Americans hunker down in their homes to stem the spread of the coronavirus, retailers have already begun to see gains in shoppers’ online spending over the past few weeks, one study suggests.



Data from predictive retail analytics firm Quantum Metric found that the COVID-19 outbreak, which has forced state and local governments to impose quarantines and limit movement within some major metropolitan areas, has driven consumers in the United States to do their shopping on digital platforms. According to the study, U.S.-based retailers with both brick-and-mortar and e-commerce channels have experienced a 52% revenue growth rate online between the fifth and eight weeks of 2020 (Jan. 27 to Feb. 23) — the period when the illness began its rapid spread outside of Asia.

To read the rest of this article by Samantha MacDonald click on Footwear News