You wouldn’t believe it, but that’s what most people ordered from Amazon
In online commerce, consumers left $ 813 billion in stores last year, up 42 percent from a year earlier. The value of e-commerce in the United States is expected to soar to $ 850-930 billion this year and over a thousand billion in 2022. Of course, e-commerce will continue to be popular, but consumers will return to stores due to restrictions lifted by vaccinations.
Amazon.com, an online retail portal, was declared the largest distributor of apparel and footwear last year. in the United States. The survey was conducted by U.S. Wells Fargo
According to a recent study, the value of clothes and shoes sold on Amazon.com rose 15 percent to $ 41 billion in 2020. In this segment, it accounts for 11 to 12 percent of the total U.S. market, and 34 to 35 percent in the Internet category alone. and sold footwear. The parent company of the TJX companies, TJ Maxx and Marshall’s discount stores, came in third with $ 16.5 billion, followed by Macy’s with $ 15.9 billion and Target with $ 14.8 billion.
another five companies had sales of more than $ 10 billion last year, Kohl’s, Gap, Ross Stores, Nordstrom and Dick’s Sporting Goods.
Wells Fargo analysts predict that sales will stagnate this year. numbers, but the value of clothes and shoes sold on Amazon will still exceed $ 45 billion in 2021.
Hardware, software, tests, trivia and color news from the world of IT by clicking here
The post You wouldn’t believe it, but that’s what most people ordered from Amazon appeared first on World Weekly News.