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For all the talk about showrooming and Jeff Bezos mercilessly pursuing world domination, e-commerce remains a fraction of the size of the good ole' brick-and-mortar industry. But times are changing. Physical retail in the U.S. deals in trillions of dollars, while e-commerce dabbles in mere hundreds of billions. Americans are expected to spend $304.1 billion and $4.1 trillion on e-commerce and physical retail, respectively, in 2014. By 2017, those figures are expected to increase to $440.4 billion and nearly $4.9 trillion, according to eMarketer.
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- People:
- Jeff Bezos
- Places:
- U.S.
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