Friday 27 December 2019

Unsettling news for landlords: Online retailers killed it this holiday season

Americans spent more money than ever this holiday season — but shoppers are increasingly doing so online. Overall retail spending jumped 3.4 percent over the holidays, according to a recent report from Mastercard. But the biggest gains came from shopping on e-commerce platforms, as online purchases made up 14.6 percent of the sales. That’s an increase of 18.8 percent over last year. It’s undeniable that the rise of online shopping has taken a toll on



source https://therealdeal.com/2019/12/27/unsettling-news-for-landlords-online-retailers-killed-it-this-holiday-season/

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