Month: October 2020

Best Buy’s Web Sales see 242% growth in Q2

Best Buy had reported online revenue growth of approximately $5 billion in its fiscal Q2. This is a company record of web sales in a quarter. The company had stated that the reason for the boost in online sales was due to the higher conversion rates and increased website visits. Due to the Coronavirus pandemic,

E-commerce business

E-commerce businesses see a boost of $107 billion in 2020 during Covid-19 Pandemic

According to Adobe Analytics, The first eight months of US e-commerce business sales generated over 497 billion USD.  The adobe analytics data is based on sales data from all the online visits to retail sites. Eighteen product categories such as apparel, electronics, home, grocery, appliance, personal care, etc. are taken into consideration while analyzing the