Actual | Previous | Revised | |
---|---|---|---|
Quarter over Quarter | 1.3% | 2.1% | 1.6% |
Highlights
The necessity of shopping online during the pandemic entrenched the practice even after restrictions were lifted. Since then, many retailers have found creative ways to mesh in-store and online shopping. Consolidation of brick-and-mortar locations and closing of some chains have further encouraged consumers to shop online which enables price comparisons and bargain hunting.