Ecommerce is expected to reach almost 35% of sales among big-box retailers worldwide by 2023, rising from 23% in 2019, according to Edge Retail Insight.
This growth is expected to continue, with ecommerce taking a nearly 40% share of sales by 2025.
This comes amid strong online growth and stable or declining physical store sales worldwide.
However, store-based retail nevertheless continues to account for the majority of sales. Additional research shows consumers prefer a mix of online and offline shopping.
