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Retail ecommerce to “evolve” as continued growth expected for final quarter 28 oct

Retail ecommerce to “evolve” as continued growth expected for final quarter 28 oct

 

  • Experts have predicted that ecommerce in Canada will continue to grow, but at a slower pace through the end of this year and the start of 2021, with it expected to go down to 7.7% growth
  • With the expected growth, reports suggest that ecommerce will continue evolving as companies experiment with new ways to successfully engage with consumers. 52% of online shoppers who brought branded packaging said they would buy with that company again
  • With its large growth throughout 2020, ecommerce is now expected to be a mainstay throughout the final quarter and into next year, with ecommerce retail being near the front of the expected growth

Source : https://www.retail-insider.com/retail-insider/2020/10/the-future-outlook-of-canadian-retail-e-commerce#:~:text=Retail%20E%2DCommerce%20Will%20Keep,it%20will%20continue%20to%20grow.&text=According%20to%20one%20survey%2C%20Canadian,and%20keep%20declining%20through%202024.

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