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Learnings from Internet Retailer
Internet Retailer, a magazine and website that provides business intelligence for the e-commerce market, offers multiple reports discussing e-commerce trends and predictions. Here are some key statistics that stood out to the Stalco team because they have a large impact on cross-border shipping:
- Global web sales reached $297 billion in 2014, up 15.7% from 2016
- U.S. web sales grew 16.2% to $256 billion in 2014
- Taken together, North America’s 1,000 largest web merchants grew their web sales 15.7% in 2015, slightly higher than the growth rate of e-commerce in the U.S. as a whole
- 19 Canada-based retailers ranked in Internet Retailer’s Top 1000, as a group generated $2.4 billion in North American web sales last year
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