Four Year Leap; eBay GMV; Amazon Earnings
The COVID-19 crisis has led to an enormous mix shift towards digital. Based on our benchmark results, manufacturers expect eCommerce to reach 21% of their U.S. retail sales in 2021, up from 15% seen in 2019. These results are consistent across essential and non-essential categories and this amounts to four-plus…
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Ultrafast Fresh Expanding, 3P Inventories Growing, Private Label Penetration Modest
Amazon Ultrafast Fresh Continuing to Expand Our research indicates Amazon is continuing its efforts towards the expansion of Ultrafast Fresh. The Las Vegas UFF market is expected to be live in early July and SpartanNash warehouses will be ready towards the end of May or early June in Dallas, Texas. The…
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Bezos Letter Highlights; 50 New Amazon Tools; Walmart Leading Online Grocery
Source: Amazon.com Bezos Shareholder Letter Highlights 3P Strength Jeff Bezos released his annual shareholder letter today, which aimed at highlighting just how big of a positive impact the company has had on small business, employees, and advancing the economy. The letter comes off to us at least as an attempt at…
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