EQM Indexes co-founder and CEO Jane Edmondson tells Proactive's Stephen Gunnion US online retail sales are expected to beat last year's record as shoppers hunt for bargains in a tough economic environment.
The 'IBUY' Monthly Global Online Retail Market Report for November notes that after nearly three years of suppressed behaviour, consumers are primed to go all out and are ready to spend this holiday season.
Edmondson says all the technology behind e-commerce, including price comparisons and product reviews, will come into play.
The HANetf Global Online Retail UCITS ETF (IBUY) seeks to provide exposure to the rapidly growing online e-commerce market as competitive pricing, shopping convenience, greater product selection and rapid delivery have made online shopping a disruptive technology that continues to exhibit strong growth characteristics, gain market share, and expand globally.