“Ecommerce sales in the third quarter 2019 spiked 17.3% from a year ago to $145.7 billion,
Ecommerce sales will exceed $600 billion in 2019, double the amount five years ago.
Walmart…Despite many costly flops, its ecommerce sales have been soaring, including by 41% year-over-year in Q3.
Total retail sales, which includes ecommerce, in Q3 rose 4.0% year-over-year to $1.38
Sales at brick-and-mortar department stores in Q3 fell 5.7% year-over-year to a new multi-decade low of $33.8 billion…They’ve collapsed by 41% from the peak in Q4 2000 and by 20% from the beginning of the data series in 1992.”