Consumers go to Amazon when ready to buy something specific
March 20, 2019
Seventy-four percent of consumers go to Amazon.com when they are ready to buy a specific product, according to a study of more than 2,000 people by Feedvisor. The key to Amazon’s customer is its loyal base of Prime members. The e-tail giant is expected to grow its share of all e-commerce sales in the U.S. to 52.4 percent this year, up from 48 percent in 2018.
Recent News
Merger Forces Kroger and Albertsons To Sell More Stores
Kroger and Albertsons are selling more of their stores to address concerns about their merger.
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.