(Mike Mozart)Americans’ shopping habits have changed somewhat over the last few decades, but that’s not necessarily because of e-commerce. Two economists at the University of Chicago argue that the rise of warehouse clubs is what has really changed Americans’ shopping habits and the retailscape. Maybe this will change after consumers have had a few more years of buying everything they possibly can from Amazon Prime, but here’s something to consider: online shopping represented only about 4% of consumer spending in 2012, while about 8% of all spending was in warehouse clubs. While nationwide data only goes up to 2013, Americans spent $348 billion on e-commerce and catalog purchases in 2013, and $420 billion at warehouse clubs during the same year.
Maybe Warehouse Clubs Have Influenced Our Shopping Even More Than E-commerce
Laura Northrup, The Consumerist
Thu, 09/03/2015 - 9:42am
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Want to buy summer essentials without going broke? A warehouse club membership can help. Find out whether Costco or Sam's Club has the best summer deals.
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