11/22/2013
By David Urani

The Census Bureau gave out the Q3 numbers for US e-commerce sales today and while not a market mover it’s always interesting to see where it stands. Total Q3 e-retail was $67 billion, which is a 17.5% increase from a year ago. Versus Q2 of this year, e-retail sales were up 3.6% versus 1.3% for all retail. As a percent of total retail sales, e-retail is now 5.9% of the total, up from 5.2% last year. It continues to be a rapidly growing trend, which is particularly impressive given that it’s changing the whole landscape of retail in America; 0.7% of all US retail spending shifting from stores to the internet in one year is nothing to sneeze at. And where it does pose challenges to brick-and-mortar businesses (Radio Shack, JC Penney and Barnes & Noble come to mind), on the other end there’s also a necessary build-up of warehousing, packaging and transportation that brings the goods to people’s doors.

David Urani
Wall Street Strategies

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