The domination of seasonal online spending
In an article published today by the Financial Post, Earnest Research has analyzed debit and credit transaction data to reveal that 89% of all holiday spending, beginning after American Thanksgiving and ending at Christmas, was captured by the retail giant Amazon. The close second? Wal-Mart at a whopping 4.4%.
Check out this infographic published by Cushman & Wakefield that outlines many of the astounding statistics that affect the commercial real estate industries and consumer spending during the holiday season.