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February is often thought of as being a “blah” month. Christmas and New Year are finished and spring is still off in the distance, giving people in much of the world little to look forward to other than shoveling snow, pushing through slush and watching to see if groundhog Punxsutawney Phil is going to poke his nose through the ground on Groundhog Day to signal the impending end of winter.
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In the decade between 2010 and 2020, ecommerce expanded to an essential part of worldwide retail. In 2010 there was an estimated $572 billion in global online sales. By 2020 that number had spiked to $4.2 trillion and as 2022 closed, estimates were that the ecommerce market was valued at $5.7 trillion. Much of the increase was due to the lockdowns and social distancing directives of the pandemic when many people were doing everything possible to stay out of retail stores. But there was also an increased understanding of the opportunities that ecommerce presented as well as more access to more companies that were selling online and delivering door-to-door.
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