Retail

Groceries, sporting goods top gainers

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A United Parcel Service Inc. (UPS) driver delivers boxes in New York, U.S., on Tuesday, Oct. 13, 2020.

Bloomberg | Bloomberg | Getty Images

U.S. e-commerce sales in 2020 grew more than 30% from 2019, according to quarterly figures released by the U.S. Department of Commerce on Friday, as the coronavirus pandemic and nationwide lockdowns pushed shoppers to rely on internet retailers for their consumer needs.

Americans spent $791.7 billion online last year, up 32.4% from 2019. Meanwhile, total retail sales in 2020 increased 3.4% from the year prior. That behavior translated to e-commerce claiming a bigger piece of the pie of total retail sales than before. E-commerce ended the year…



Source cnbc.com

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