Industry News

E-commerce Boom: Welcome to the new reality

By March 31, 2021 No Comments

Mark Twain famously said: “There are three kinds of lies: lies, damn lies and statistics.”

 

Sorting through the wheat and chaff of the numbers and opinions and getting to what’s really going on can be challenging. The rapid rise of e-commerce, coupled with the lightning-like spread of COVID-19 is certainly not breaking news, as e-commerce sales continue to soar in concert with the opposite effect on brick-and-mortar sales.

 

Amazon continues to be the 900-pound gorilla in retailing and is amping up their presence in the logistics space with their own fleet of planes, trailers and delivery trucks. According to Gartner, “Globally, there are 3 million sellers on Amazon out of 7.1 million total online retailers.”

 

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