The U.S. retail market has grown 3.8% so far this year — topping 2016’s 2.4% growth — and will reach $3.56 trillion, according to two reports from Forrester research analysts emailed to Retail Dive.
U.S. online sales will rise 14% this year to $459 billion, accounting for 12.9% of total retail sales, according Forrester. The research firm estimates e-commerce will account for 17% of U.S. retail by 2022, with apparel, consumer electronics, and computers accounting for almost one-third of total online sales. READE MORE