Apparel

Biggest loser in e-commerce competition, retail e commerce loses more than $3 billion

Biggest losers in e “competition” are retail ecommerce sites, according to the annual report from ecommerce consulting firm E-Commerce Consulting.The study found that retailers have lost nearly $3.2 billion over the past three years as ecommerce has become more and more prevalent.The company says that losses to retail eCommerce sites have increased from $1.5 billion