The growth of e-commerce may be slowing, as a majority of U.S. shoppers say they don’t plan to increase their online spending over the next three years, a new report found.
Even though roughly three-quarters of consumers say they’ve bought an item from Amazon in the past year, between 78 percent and 92 percent won’t be increasing online shopping frequency, according to new research from The Boston Consulting Group. The number varied by product category and in several – including baby products, food, beverages, fine jewelry, packaged goods and cars – more than 25 percent said they would decrease spending.
