Amazon.com Set to Become America’s Leading Clothing Retailer in 2017

Amazon.com Set to Become America’s Leading Clothing Retailer in 2017

This marks a major milestone for Amazon and eCommerce overall as brick and mortar based stores like Macy's, Nordstrom and JCPenny have dominated the industry up to this point. This change in the hierarchy of clothing retail has been long in the making. 

Amazon Video’s Quiet Growth In The Video Streaming Services Market

Amazon Video’s Quiet Growth In The Video Streaming Services Market

Amazon's Video Streaming services have quietly been gaining market share in 2016. While Netflix still holds a majority of the market with 120 million users, Amazon holds the second largest share of the Video Streaming Market with 76.2 million users, 3 million more than originally forecasted. 

What's Past Amazon Prime's Peak?

What's Past Amazon Prime's Peak?

 

Amazon currently has 65 million Amazon Prime members in the United States according to Consumer Intelligence Research Partners. Amazon Prime customers not only do a majority of their online shopping on Amazon but they also spend more on Amazon annually. 

Amazon.com Takes A Hit On Wallstreet, While They Invest In The Future

Amazon.com Takes A Hit On Wallstreet, While They Invest In The Future

 

Recently Amazon.com has treated their investors well, turning out large profits and great ROI. But in this latest quarter, Amazon's profits fell short of what Wall Street analysts had predicted. When the company’s financials came out for the quarter the company's stock value fell 5%.