Ecommerce to grow 17%
The National Retail Federation estimates overall retail will grow 3.5 percent in 2008, the U.S. Census Bureau projects that ecommerce sales will increase 17 percent in the period, according to a new report from Retail Systems Research.
Major retailers that generate $5 billion or more in annual revenue have an advantage, as they have more experience in multi-channel retailing. They are more likely than small and midsize retailers to view the online channel as an extension of their business instead of just an outlet for excess inventory.
Note from Josh: Expect the demand for eCommerce talent to mirror this growth!!