This holiday season, everyone is shopping from home
November 29, 2020
NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season.
Few people showed up at the mall this weekend, with millions of pandemic-wary shoppers staying home to shop online.
The result? Overall holiday sales are projected to rise a slight 0.9% in November and December — and even that modest gain will be due to an explosion in online shopping, according to the research firm eMarketer. It expects online sales to jump nearly 36%, while sales at physical stores fall 4.7%.
The online rush was on fully display Monday, known as Cyber Monday, a...