The growth of online retail trade in the United States will be less in 2021 than in 2020. This was stated by Forrester analyst Sucharita Kodali, reported on August 30 by CNBC.
The expert commented on the record growth of online retailers.
вЂњThis growth will definitely go down next year,вЂќ Kodali said. She added: вЂњAnyone with a penchant for buying online has already bought online. Everything they needed, they have already bought.
The expert noted that вЂњnow we are still working in an environment where there is social distance. вЂњAs soon as everything is normal, people will return to the store,вЂќ she concluded.
It should be noted that in the second financial quarter of 2020, a number of companies showed a three-digit growth of Internet commerce. Thus, Best Buy online commerce grew by 242%, Target вЂ” 195%, Dick's Sporting Goods вЂ” 194%, Lowe's вЂ” 135%, and Tiffany вЂ” 123%.
Recall that due to restrictions caused by reactions to the coronavirus pandemic, many stores and companies were closed.