US ecommerce grows 10.8% in Q3 2022 (digitalcommerce360.com)
Online sales reached double-digit growth in Q3 after four quarters of modest ecommerce growth. Amazon moving its Prime Day sale into Q3 aided this sales bump. More than 20% of consumer spending from July-September occurred online. Key takeaways: *U.S. ecommerce grew 10.8% in Q3 2022. *Amazon moved its Prime Day sale to July this year from June last year. This pushed dollars into Q3 and bolstered ecommerce growth for the quarter. *Amazon, Walmart and Target’s collective performance drove the overall market for the three-month period. *20.6% of all dollars spent on retail purchases came from online orders. *Sales through all channels grew 7.7% in Q3, while in-store and other offline sales grew 7.0%.