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This Article is From Dec 05, 2020

Online Makes Big Inroad Over Thanksgiving Shopping Period: Chart

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
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Cosco (India) Ltd.
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USD-INR
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MSCI World
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Pritika Auto Industries Ltd
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Cons Discretionary Goods & Serv
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Lycos Internet Ltd.
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Space Incubatrics Technologies Ltd.
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Cons Discretionary Goods & Serv
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TMT (India) Ltd.
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The Thanksgiving shopping period confirmed what many following the U.S. retail industry predicted: a move toward online purchases amid surging coronavirus cases. The breakdown between in-store and online segments showed the latter's share of spending for the Thursday-to-Monday period grew more than eight percentage points to 35.2% from last year, the most in Numerator figures to 2014. The consumer-data researcher found Amazon.com Inc. to be the biggest beneficiary, accounting for 17.8% of total outlays.

©2020 Bloomberg L.P.

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