jet Archive

What this month’s Jet.com sale means for the future of retail

One in ten retail sales in the United States –- a projected $373 billion in 2016 -– happens online. Forrester predicts total U.S. online retail will grow to $500 billion by 2020. That number will only continue to increase globally as more businesses take core operations to the web. Retailers grasp the web-focused future of the industry, but the sale of Jet.com to Walmart earlier …