retail news in context, analysis with attitude reports on a new study from Forrester Group saying that "e-commerce, which generated $231 billion in sales for U.S. retailers last year, is expected to increase 13% to $262 billion this year."

According to the story, "The growth of e-commerce, which already accounts for about 8% of total retail sales in the U.S., is expected to outpace sales growth at bricks-and-mortar stores over the next five years, reaching $370 billion in sales by 2017. By that time, e-commerce is expected to account for a full tenth of all retail sales in the U.S."

The study suggests that two trends are driving this growth - the expanded availability and use of mobile technology, and the greater investments that retailers are making in their online businesses.
KC's View:
There might be something to this whole Internet thing after all...