Brick and mortar retailers continue to face the challenge brought about by the continued growth in e-commerce sales. As the below chart shows, e-commerce sales as a percentage of total retail sales has grown to 7.4% from just under 3% at the beginning of 2006. From a growth perspective, year over year growth in e-commerce sales remains steady at over 15%.
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| From The Blog of HORAN Capital Advisors |
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