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.