I think Amazon’s share of market nows scary, but it might get scarier. EMarketer forecasts it will seize 49.1% market share in 2018, a significant jump of just about six percentage factors. Last month’s 4th annual Prime day drove plenty of business to the positioning, and the corporate now instructions greater than 5% of the entire U.S. market (that features online and offline gross sales mixed). On Prime Day 2018, more than 100 million objects have been offered, and gross sales are estimated to exceed $3.four billion when final numbers are revealed.
I was the senior retail analyst at Morgan Stanley for 16 years, following a 20 yr career at retailers together with Macy’s, May Department Stores and Allied Stores. Currently I head Loeb Associates Inc. a administration consulting and strategic advisory firm for main home and international retail corporations. I was a director of the National Retail Federation (NRF) … Read More