We're looking closely at Amazon's global business strategies which can best be described as an elephant in every industry room.
Our Amazon updates and previews are always popular. Sales are up 13%, so let's look at what else is up for Amazon in 2017 in the US and around the world.
According to Prosper Insights & Analytics, 26.2% of consumers have bought products during the holidays online from Amazon, up 10% from last year. Walmart ranks second at 14.3%. InternetRetailer.com estimates Amazon's Black Friday weekend sales at $4.74 billion, a stunning 37% of all US online sales.
Amazon accounted for 30.9% of all sales from Black Friday to Cyber Monday according to a report from Slice Intelligence. Amazon, Walmart and Best Buy were Black Friday weekend sales winners said Moody's analyst Charlie O'Shea.
National Retail Federation forecasts 3.6% US retail sales growth to $655.8 billion — significantly higher than the 10-year average of 2.5%. E-commerce sales will grow between 7%-10%. Bain Capital says retail sales could grow up to 4% and SeekingAlpha predicts online sales will increase 17.2% this year.
Amazon global update: Internet Retailer takes a look at why Amazon is flush with profits - $1.37 billion in the first six months of 2016. Amazon continues investments in major markets including infrastructure in India, the UK, Germany, Spain and Italy as well as logistics including a new Prime Air jet.
There’s plenty of Amazon news to catch up on from around the globe and we’ve got just the highlights you need to stay up-to-date on the latest Amazon developments. Biggest news for Amazon is a report by Consumer Intelligence Research Partners ...
We look at Amazon's ambitious plans for leadership in logistics from trucking, warehousing and local same-day delivery to air cargo, shipping by container from Asia and drone deliveries in the future.