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Stock impact report

As coronavirus restrictions drag on, Americans shift online spending from stockpiling to entertainment [MSNBC.com]

Forrester Research, Inc. (FORR) 
Last forrester research, inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/4v6l.url
Company Research Source: MSNBC.com
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC.Drew Angerer | Getty ImagesFollowing a rush for groceries and cleaning supplies, more Americans are looking to crack open a book.As people remain sheltered in their homes due tothe coronavirus outbreak That is significantly more growth — about 50% more — than the annual 20% growth in online shopping the firm has become accustomed to seeing in recent years.This snapshot of the economy paints a picture of both what Americans are buying and how shopper priorities have shifted over the course of the extended quarantine period.It also offers a stark contrast to recently released figures onU.S. retail salesAn initial surge in online ordering appears to have been driven by a run on staples as it became increasingly likely that people would be staying home for the foreseeable future."There has been huge stockpiling in March in the U.S.," said Sucharita Kodali, a retail analyst with the research firm Fo Show less Read more
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