Thursday, October 26, 2017

Amazon tightens its death grip on retail

Image result for amazon warehouseAmazon has tightened its stranglehold on the e-commerce business.

New research shows that Amazon will control 44 percent of all online sales in the US this year, according to eMarketer data cited by Recode. That’s an increase from Amazon’s market share of 38 percent in 2016. Amazon’s online sales are on pace to grow 32 percent to $196.8 billion in 2017, including third-party listings.. . . more

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