US ecommerce sales are expected to grow 17.9% this year (higher than the 13.7% predicted in January 2021) to reach $933.30 billion. That pushes ecommerce’s share of total US retail sales to 15.3%, up from 14.0% last year. Ecommerce is now on track to surpass 20% of total retail by 2024.
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Property bond investors with exposure to movie chains are less than thrilled about the sector's prospects, even as vaccinations in the U.S. ramp up and blazing temperatures boost the appeal of sitting in a cool, dark theater.