ETF of the Week: Amplify Online Retail ETF (IBUY)
Deloitte predicts eCommerce holiday retail sales to grow between 25% to 35% from November through January, reaching $182 billion to $196 billion in total.
To put this in perspective, eCommerce shopping levels during Covid-19 lockdowns from April through May accounted for $153 billion, compared to the 2019 holiday season from November to December of $142 billion.
