Economic downturns, whether short disruptions or extended periods of chaos, play a vital role in the cyclical patterns of the global economy. However, it is essential to challenge the commonly held beliefs that hinder innovation and explore how it thrives during economic uncertainty.
The US e-commerce market is experiencing rapid growth. FTI Consulting's latest report projects a significant increase in online retail sales to reach $1.14 trillion in 2023, demonstrating an impressive 10% year-over-year growth rate. This presents an excellent opportunity for retailers to venture into the e-commerce arena.