The pandemic is ramping up the war between Amazon, Walmart, and Target, and making them more powerful than ever
Many of the retailers that are feeling the most pain right now were already struggling before the pandemic. The virus has only quickened their demise by carrying forward years of projected declines.As thousands of stores shut down across the country at the start of the pandemic, Amazon, Walmart, and Target were among the retailers deemed "essential" and therefore able to continue operating.
Moody's Analytics REIS, a commercial real estate-focused arm of Moody's Analytics, estimates that the share of e-commerce spending relative to total retail sales increased from 11.4% at the end of 2019 to a historic 16.4% in the months of March and April alone.These companies have been focused for years on building out massive e-commerce networks capable of shipping hundreds of thousands of products to consumers quickly, cheaply, and efficiently.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Inside Britney Spears' conservatorship and the #FreeBritney movement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Has COVID-19 stopped Americans from chasing early retirement? Not exactlyThe pandemic made these workers even more committed to FIRE
Weiterlesen »
I'm a porn star making five figures from home during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
This Week In Music: There’s Still A Business Even In The Pandemic – Just Ask Leonard CohenEverybody knows, as Leonard Cohen once sang. Everybody knows the music business has taken a hit this year, as there’s no live music, TV and film production is down, releases are being held ba…
Weiterlesen »
Here’s How To Get The New Girl Scout Cookie When It’s ReleasedYou can still get your Girl Scout cookie fix next year, even during the pandemic.
Weiterlesen »
'The Society' Is No Longer Returning for a Second SeasonNetflix also cancelled “I Am Not Okay With This” amid the coronavirus pandemic.
Weiterlesen »