Retailers No Longer Compete Against Each Other, But Against Amazon Marketplace

  • “Mastercard’s Spending Pulse data for holiday 2020 found that while department stores’ overall sales fell 10.2 percent during the season, their eCommerce sales only rose 3.3 percent.
  • Amazon enjoyed a 14.3 percent market share for all clothing and apparel sales during 2020’s third quarter versus just 9.5 percent a year earlier. By contrast, Walmart’s share of apparel fell to 7.4 percent during the same period, down from 10.5 percent a year earlier.
  • 37 percent of U.S. consumers surveyed interested in direct-to-consumer sales. The No. 1 reason cited — loyalty to well-known brands”

https://www.google.com/amp/s/www.pymnts.com/news/retail/2021/retailers-no-longer-compete-against-each-other-but-against-amazon-marketplace/amp/

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