Richmond businesses striving to respond to e-commerce growth

Richmond News

As business models increasingly transform to accommodate an online market, Richmond companies are working to adapt.

On Wednesday at an annual business lunch hosted by city council and the mayor, local businesses discussed the impact that the “on-demand” economy is having. …

“It is estimated that, by the year 2020, global e-commerce spending will total $4 trillion, a $2 trillion increase from 2016 and equivalent to 14.6 per cent of all consumer spending,” said Mayor Malcolm Brodie to over 100 local companies and partners attending the Oct. 3 event.

“As one of 20 finalists in the Federal Government’s Smart Cities Challenge, the City of Richmond recognizes the importance of how smart networks and devices can help provide better efficiencies to our civic operations and to help keep our community even more connected.” …

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