Quote:
Originally Posted by vailpass
Maybe within the specific fashion sector in which he operates those numbers are close to accurate. Overall, given the volume of ecommerce that now occurs, those numbers don’t appear to match reality.
Of course we’d need to see what is being defined by “retail”. Does that include groceries, automobiles for instance?
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I've done a big study of shopping patterns in Colorado, and the proportion of shopping online more or less matched what doomy said. It's big in some sectors and non-existent in others, but when you look at everything people buy, it was less than 10 percent in the study that I did. That might have included restaurant spending, which isn't exactly online-eligible, but even so, online is smaller than most people think.