May 23, 08:30 PM

U.S. Online Spending Rebounds Amid High Gas Prices, Increased Demand at Target, Walmart

U.S. online spending is experiencing a rebound, driven by high gas prices, convenient delivery options, and a surge in deals following a brief post-pandemic slump. Major retailers such as Target and Walmart are seeing increased demand for home goods and grocery delivery services. This resurgence in ecommerce comes after a period of retreat following its peak in the second quarter of 2020, as highlighted by the McKinsey chart.

#Target #Walmart #McKinsey

Written with ChatGPT (GPT-4o).

Sources

Reuters@Reuters
2 years ago
Recovering from a brief post-pandemic slump, US online spending is on the rebound boosted by convenient delivery options, a surge in deals and high gas prices, US retailers say https://t.co/F8asRnSIkj https://t.co/Mnzjb7IHUX
Reuters Business@ReutersBiz
2 years ago
WATCH: Recovering from a brief post-pandemic slump, US online spending is on the rebound boosted by convenient delivery options, a surge in deals and high gas prices, US retailers say https://t.co/cgXJa7Fmht https://t.co/r6LklQh04z
Reuters@Reuters
2 years ago
US online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump, US retailers say https://t.co/F8asRnSIkj https://t.co/ZgAMYGekAt

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U.S. Online Spending Rebounds Amid High Gas Prices, Increased Demand at Target, Walmart

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