TSXV:POI.H - Post by User
Post by
Goldblackon Mar 26, 2015 3:38pm
196 Views
Post# 23565661
2014 E-COMMERCE SALES in US estimated @ 300 billion
2014 E-COMMERCE SALES in US estimated @ 300 billionThis 300B estimate I found in a recent article quoting the US Department of Commerce. JCPenny's latest annual sales were 12.25 billion with their E-commerce portion coming in at 1.225 billion or approx. 10%(which grew 13% over 2013 E-sales of 1.08 B) Home Depot sales for the latest year was just over 83 billion. Their E-commerce portion in a recent quarter was 4.2%. So using a figure of 4% of 83B their E-commerce portion totals approx. 3.32 billion. With just these 2 companies (with ecommerce sales combined of 4.55 billion) Slyce has 1.5% of a 300 Billion ecommerce market. GLTA