3 Coronavirus E-Commerce Trends to Watch
Online sales are booming as many retailers have been forced to close their doors during the coronavirus pandemic. Shoppers spent 49% more in April this year compared to last year, according to data from Adobe, and there are some clear trends the company highlights in its April update to the Digital Economy Index.
"We've found that this sudden e-commerce acceleration is having an impact on apparel, electronics, and grocery purchases online," said John Copeland, vice president of marketing and customer insights at Adobe.
Here's how those trends will impact some of the big names in retail, including Amazon (NASDAQ: AMZN), Walmart (NYSE: WMT), Target (NYSE: TGT), and Best Buy (NYSE: BBY).
Source Fool.com
