The Future of E-Commerce & Retail

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Smart Hint writes, “According to the Italian consultancy Finaria and dissemination of Forbes, global e-commerce retail sales will reach more than 2.7 trillion dollars in 2021, and should reach 3.4 trillion dollars in 2025. These figures express once again that the future of e-commerce is stable, with no signs of falling.”

As shoppers continue to keep turning towards e-commerce, a UBS analysis states that every year, around 11 retail stores will close if they do not move to the internet. The numbers are in favour of the e-commerce sector and the figures establish once again the preference of e-commerce in the market and that it is here to stay, in the long run.

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