“ONLN’s strategy pinpoints retailers that principally sell online or through other non-store channels, such as mobile or app purchases, and separates them from those reliant on bricks-and-mortar stores,” according to ProShares.
Online sales this holiday season are expected to top $125 billion with more shoppers using mobile venues to make purchases.
“Adobe said mobile transactions this holiday season have so far reached $33.3 billion, up 57 percent from a year ago,” according to CNBC.
For more information on the consumer sector, visit our consumer discretionary category.