It’s early November and long lines of container ships are still huddle together in the crowded port of Los Angeles going so far as to even stretch from the cargo docks, into the San Pedro Bay. Inside them, goods and wares for the Christmas season mingle with tires, computer components, and even medicines. The so-called “Containergeddon” is breaking the supply chains for many
US retailers further invest in multi-channel
Shopping is becoming an ever more versatile activity. Consumers value the flexibility they have in integrating shopping into their everyday lives. Thanks to smartphones and other mobile devices, consumers and retailers have numerous touch points to engage with each other using multi-channel strategies. E-commerce in general has been experiencing an unstoppable boom ever
Top 10 online stores in the US in 2020
The United States is the second biggest e-commerce market in the world. The US had a total e-commerce revenue of US$537.7 billion in 2020. The country is way ahead of Japan, the number three in the ranking of the biggest global e-commerce markets. Only China remains bigger, generating a total e-commerce revenue of US$1.3 trillion. Although the US e-commerce market is already
Amazon extends lead over US competitors
Amazon’s financial results have repeatedly blown expectations in the past months. Taking into account all company sales, Amazon passed the US$100 billion quarterly sales mark for the first time in Q4 2020. Generating net sales of US$125.6 billion in total. This corresponds to a year-on-year growth of 44% in the record holiday quarter of the COVID-19-shaped 2020. 2020 was a
E-commerce share in total retail sales increases
The COVID-19 period was a lucrative one for online retail. Economists and analysts around the world agree and the reported sales figures of online retailers across the board back the assumption. It was not only e-commerce giants such as Amazon or Otto who broke growth and sales records. From online supermarkets over fashion online stores to niche players – selling products