By  on October 17, 2017

In FTI Consulting’s latest online retail forecast report, the firm is expecting U.S. online sales to reach $1 trillion by 2027, which compares to about $445 billion this year. The gain reflects a compound annual growth rate of about 9 percent over that time frame.

The forecast also implies further challenges for traditional retailers. Christa Hart, a senior managing director in the retail and consumer products practice at FTI, said the “impact of accelerating online sales growth has been evident in the past two years, with elevated levels of retail bankruptcies and announced store closures amid a non-recessionary environment.”

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