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VERIFIEDET Finance·neutral
Ecommerce isn't adding much to Retail Inc's cart
AI Summary
- ·An analysis of eight major retailers shows minuscule improvement in e-commerce contribution to overall revenue since 2021-22.
- ·Online sales have continued to increase in absolute terms for these retailers.
- ·During the Covid-19 pandemic, digital sales share in total revenue surged three to four times in 2020-21 and 2021-22.