Where Americans Spend their Trillions a Year on Goods and How that Changed Over Time

Where Americans Spend their Trillions a Year on Goods and How that Changed Over Time

Where they spend has changed dramatically, with only two winners that gained share among the retailer categories. The rest lost share, some are getting wiped out.

Where Americans Spend Their Trillions a Year On Goods and How That Changed Over Time

by Wolf Richter Wolf Street Where they spend has changed dramatically, with only two winners that gained share among the retailer categories. The rest lost share, some are getting wiped out. Consumers spent $8.5 trillion over the past 12 months at brick-and-mortar and online retailers to purchase goods, from shoes and groceries to RVs. In June alone, they spent $720 billion. But how are consumers divvying up these trillions among the retailers? …