Business-to-consumer (B2C) e-commerce was a paltry two percent or so of overall retail sales in 1999. Nevertheless, industry experts are telling brick-and-mortar companies in the $2.7 trillion (US$) retail industry that they must jump online quickly or risk being left behind.
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Retailers React To Pressure from Online Shopping
Posted by: Paul A. Greenberg January 20, 2000 12:00 AMBusiness-to-consumer (B2C) e-commerce was a paltry two percent or so of overall retail sales in 1999. Nevertheless, industry experts are telling brick-and-mortar companies in the $2.7 trillion (US$) retail industry that they must jump online quickly or risk being left behind.