In the months following the global outbreak of the coronavirus (COVID-19) in January 2020, retail oriented online spend of consumers in the United States increased significantly. Based on online credit-card and debit card spending of individuals, as high as one-third of all sales was attributed to retail oriended purchases and spending. This was true especially in the months of November and December, the busiest retail season also referred as the 'golden quarter'.
Year-on-year value growth of the retail oriented online credit and debit-card spend as a proportion of total sales in the United States from January 2020 to January 2021
Characteristic
Retail oriented online credit and debit card spend share in total sales
Online retail spend includes following retailers and categories: "Amazon, apparel, software & electronics, cosmetic stores, pet shops, home stores, mass stores, club stores, restaurants, grocery stores, drug stores, discount stores."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
McKinsey. (May 13, 2021). Year-on-year value growth of the retail oriented online credit and debit-card spend as a proportion of total sales in the United States from January 2020 to January 2021 [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/statistics/1242566/retail-online-credit-and-debit-card-share-as-a-percent-of-total-united-states/
McKinsey. "Year-on-year value growth of the retail oriented online credit and debit-card spend as a proportion of total sales in the United States from January 2020 to January 2021." Chart. May 13, 2021. Statista. Accessed August 08, 2022. https://www.statista.com/statistics/1242566/retail-online-credit-and-debit-card-share-as-a-percent-of-total-united-states/
McKinsey. (2021). Year-on-year value growth of the retail oriented online credit and debit-card spend as a proportion of total sales in the United States from January 2020 to January 2021. Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/statistics/1242566/retail-online-credit-and-debit-card-share-as-a-percent-of-total-united-states/
McKinsey. "Year-on-year Value Growth of The Retail Oriented Online Credit and Debit-card Spend as a Proportion of Total Sales in The United States from January 2020 to January 2021." Statista, Statista Inc., 13 May 2021, https://www.statista.com/statistics/1242566/retail-online-credit-and-debit-card-share-as-a-percent-of-total-united-states/
McKinsey, Year-on-year value growth of the retail oriented online credit and debit-card spend as a proportion of total sales in the United States from January 2020 to January 2021 Statista, https://www.statista.com/statistics/1242566/retail-online-credit-and-debit-card-share-as-a-percent-of-total-united-states/ (last visited August 08, 2022)
