×
47 316
Fashion Jobs
MACY'S
Asset Protection Detective, Crabtree Valley Mall - Part Time
Permanent · Raleigh
MACY'S
Principal, Human Resources Business Partner (ny, Cincinnati, or Remote)
Permanent · Springdale
MACY'S
Asset Protection Detective, Los Angeles dt Broadway Plaza - Full Time
Permanent · Los Angeles
MACY'S
Manager, Business Administration
Permanent · St. Petersburg
MACY'S
Asset Protection Detective, Mall Del Norte - Full Time
Permanent · Laredo
MACY'S
Dept Hourly Supervisor, ft, Day (Mon-Fri), Furniture & Bedding Warehouse
Permanent · Miami
MACY'S
Asset Protection Detective, North Star Mall - Part Time
Permanent · San Antonio
MACY'S
Detective, Multi-Store Taskforce, Westshore - Full Time
Permanent · Tampa
MACY'S
Senior Manager, Business Administration
Permanent · Louisville
MACY'S
Asset Protection Detective, Oakridge - Full Time
Permanent · San Jose
MACY'S
Multi-Store Detective, Willowbrook Mall - Full Time
Permanent · Houston
MACY'S
Asset Protection Captain, Alderwood - Full Time
Permanent · Lynnwood
MACY'S
Manager, Data Visualization , Marketing
Permanent · New York
MACY'S
Asset Protection Detective, Green Acres - Full Time
Permanent · Valley Stream
MACY'S
Asset Protection Officer, Secaucus D2C fj - Full Time
Permanent · Secaucus
MACY'S
Asset Protection Captain, Ala Moana - Full Time
Permanent · Honolulu
CP SHADES
Customer Relationship Manager
Permanent · SAUSALITO
BUSTLE
Associate Commerce Editor
Permanent · Remote
TAPESTRY
Stock Lead i
Permanent · Woodbury
AEROPOSTALE
Associate Product Manager, Nautica
Permanent · New York
GAP INC
Manager of Asset Protection Operations (Remote Role)
Permanent · Washington
GAP INC
Manager of Asset Protection Operations (Remote Role)
Permanent · New York
By
Reuters
Published
Oct 17, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

U.S. online retail sales likely to surpass $1 trillion by 2027

By
Reuters
Published
Oct 17, 2017

U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores.


An online shopping kiosk is shown inside a Sears department store in La Jolla, California, U.S., March 22, 2017. REUTERS/Mike Blake


Online sales will grow at a compound annual rate of 12 percent through 2020 and at a relatively moderate 9 percent over the next decade, according to the report released on Tuesday.

Purchases made online accounted for 12 percent of total U.S. retail sales and 50 percent of total sales growth in the past year, according to the study.

FTI said Amazon.com Inc’s total share of these online sales is likely to increase to 53 percent by 2027 from 34 percent in 2016. This means Amazon’s share would represent nearly 12 percent of U.S. retail sales by 2027 compared with 4 percent at present.

This year, stronger online business is once again expected to boost total sales for the U.S. holiday season, a period which typically accounts for 20 to 40 percent of annual sales for many retailers.

U.S. retail industry group the National Retail Federation has forecast nonstore sales, which include online sales, to rise 11 to 15 percent to about $140 billion during the last two months of this year. In 2016, those sales rose 12.6 percent.
 

© Thomson Reuters 2021 All rights reserved.