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Tag: share

KPMG: Online, mass merchants will grab biggest share of holiday purchases

Consumers will be spending more on holiday gifts this year and also doing more of their shopping online.  Average holiday season spending is expected to rise by 5% this year, with average spending per person to increase to $768, compared to $730 in 2018, according to KPMG’s 2019 holiday shopping report, “Prepping for the Holidays …

KPMG: Online, mass merchants will grab biggest share of holiday purchasesRead More

Ecommerce share in phone, TV sales on a high, Retail News, ET Retail

KOLKATA: Ecommerce contribution to total sales of smartphones and televisions has touched a new high this festive season. For smartphones, online sales have touched record 55-60% of total category sales last month, overtaking the halfway mark for the first time, while online sales of televisions was 40-45%, estimates by multiple leading brands said. This compares …

Ecommerce share in phone, TV sales on a high, Retail News, ET RetailRead More