There is no doubt that consumer retail sales have always been a driving force in in the global economy. But how those sales occur is rapidly changing. According to visualcapitalist.com, online retail sales are estimated to reach $6.5 trillion by 2023. E-commerce was always going to make up more-and-more of the entire retail space, but with the onset of the coronavirus, the global population’s desire and need for online sales has only increased. With that being said, the team at visualcapitalist.com created an excellent piece illustrating what categories are booming and busting as a result of everyone moving their shopping habits online. To view the piece, please click HERE.
