Online Flower Shops In The US Industry Market Research Report
Although online flower shops captured significant market shares from brick-and-mortar florists in recent years as more consumers shopped online, the industry still suffered significant revenue declines as a result of the economic downturn. According to IBISWorld industry analyst Agata Labianca, poor economic conditions, including weak consumer confidence and low disposable income, deterred consumers from making discretionary purchases like flowers. …