Why the retailers closing stores probably won’t see a major e-commerce uptick
According to post-holiday sales data, U.S. overall retail sales were flat or up modestly; however, some traditional retailers saw sales declines to varying degrees. By comparison, online sales were up roughly 19% according to data from Mastercard, which said total holiday retail sales increased 3.4% compared with a year ago. Macy’s, JCPenney, L Brands, Kohl’s […]
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