Laissez les Bons Temps Rouler! Online Retail Growing 10%!
There’s good news for online retailers: Forrester is predicting a 10% growth rate for you guys!
In fact, online sales will increase from $173 billion this year to a healthy $249 billion in 2014. Along with that growth comes a nice bump in online retail’s share of all US retail sales: up from 6% to 8% share.
Forrester says our spending on clothing, consumer electronics and computers will lead the growth spurt.