E-commerce increased 15.6 percent in 2016
The Commerce Department reports online sales grew 15.1 percent in 2016 and accounted for 8.1 percent of total retail sales for the year.
Internet Retailer, which covered the Commerce Department’s report last week, noted that the Commerce Department’s retail sales data included items not normally bought online, such as fuel and automobile.
Excluding fuel and car sales, Internet Retailer’s calculations showed e-commerce growth slightly higher at 15.6 percent, with online retail sales representing 11.7 percent of total retail sales versus the 8.1 percent reported by the Commerce Department.
Internet Retailer says total retail sales – factoring out fuel, automobiles, restaurant sales and bar sales from the Commerce Department’s report – reached $3.375 trillion in 2016 – up 3.9 percent from 2015’s total retail sales. ■