As e-commerce sales proliferate, Amazon holds on to top online retail spot [MSNBC.com]
Amazon.com, Inc. (AMZN)
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Source: MSNBC.com
In this articleJustin Sullivan | Getty ImagesAsAmazonAmazon's dominance on the internet has only grown as shopping online becomes second nature for many consumers. That's exactly what has transpired over the past 13 years.In 2008, e-commerce sales accounted for just 3.6% of total retail sales in the United States, according to data from eMarketer. Following gradual growth year after year, that figure skyrocketed to 14% in 2020, as the Covid pandemic fueled online spending on everything from groceries and toilet paper to spin bikes and workout clothes. E-commerce sales are predicted to account for 15.3% of total retail sales by the end of this year and jump to 23.5% by 2025, eMarketer said.Falling second to Amazon and far behind, big-box chainWalmarteBayAppleHome DepotTargetBest BuyWalmart and Target are holding competing deals events — as they have in past years — to coincide with Amazon Prime Day 2021. Both discounters will start sales on Sunday, but Walmart's offers extend through W
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- Amazon.com, Inc. (NASDAQ: AMZN) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $200.00 price target on the stock.MarketBeat
- Rethinking Brand Management On E-Commerce Marketplaces [Forbes]Forbes
- Amazon to invest $11 billion in Indiana to build data centers [Reuters]Reuters
AMZN
Earnings
- 2/1/24 - Beat
AMZN
Sec Filings
- 4/25/24 - Form PX14A6G
- 4/22/24 - Form 4
- 4/19/24 - Form 144
- AMZN's page on the SEC website