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MainPlace Mail <br />Net Fiscal Impact and Economic Analysis <br />December 2018 <br />Page 13 of 33 <br />Exhibit 3.2.1: Global e-Commerce Sales <br />In6 <br />5 <br />v 4 <br />3 <br />c <br />02 <br />y <br />t— 1 <br />c <br />au'a 0 <br />2014 2015 2016 2017 2018* 2019* 2020* 2021* <br />*Projected E-Commerce Safes <br />Source: Slatista,2018: <br />The growth of this digital market has taken away from traditional brick and mortar sales over the <br />past two decades. in 2000, e-Commerce retail sales comprised a more 0.8% of the total retail <br />sales market. By Q1 2018, 9,5% of all retail sales were conducted via e-Commerce, a steady <br />growth pattern which Is projected by many economists to continue In the years ahead (see <br />Exhibit 3.2.3). <br />Exhibit 3.2.3: e-Commerce Retail Sales as a Percentage of Total Sales <br />10.00 <br />9.00 <br />8,00 <br />m <br />7.00 <br />6,00 <br />5.00 <br />a <br />4.00 <br />3.00 <br />2.00 <br />1.00 <br />0.00 <br />2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 <br />Source: Statists, 2018 <br />Business Insider estimates that in 2017, 8,053 retail stores closed their doors. For comparison, <br />this outpaced closures at the height of the 2008 economic recession which saw 6,183 closures. <br />The analyses, projections, assumptions, and any examples presented herein are for <br />kns notNIllustrative purposes and are not a guarantee of actual andlor future results. Tax analyses <br />are projections only. Actual results may differ from those expressed In this analysis. <br />75D-548 <br />