Global Retail eCommerce Market Size, Share, Trends, Key Players, Overview, Competitive Breakdown and Regional Forecast by 2025

KEVIN | September 18, 2019

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The global retail e-commerce market is expected to witness high growth due to the favorable attitude towards new buying channels. The general market is expected to grow at a compound annual rate of approximately 10% between 2019 and 2025.Retail e-commerce allows consumers to buy products from the seller through the Internet. Customers can find their interested products by visiting the website. Most online retailers use shopping cart software. Payment and delivery information is collected through a payment process. Comfort is the main factor that drives the overall growth of the online shopping market. It is easier to navigate through various product categories with the help of the search system. Consumers have difficulty visiting retail stores during their hectic schedule. E-commerce purchases allow consumers to buy sitting in an office or at home and operate for 24 hours. In addition, product delivery is done step by step, eliminating transport problems.

Spotlight

The TJX Companies, Inc.

The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, is ranked 85 among Fortune 500 companies. At the end of 2017*, the Company had over $35 billion in revenues, more than 4,000 stores in 9 countries, 3 e-commerce sites, and approximately 249,000 Associates.

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