Amazon Is Worth More Than 21 Retailers Combined

| September 7, 2018

article image
Amazon stock has been on a tear this year, briefly hitting a $1 trillion market cap on Tuesday, Sept. 4. It became the second U.S. company to do so, behind Apple.Amazon was valued at $955.1 billion as of market close on Thursday. That makes it worth more than 21 other major retailers, combined – from Walmart to Costco.Despite its valuation, the e-commerce behemoth generates only a fraction of the retail sales that the other 21 companies do, combined. In fact, Walmart by itself sold almost $500 billion in goods worldwide in 2017, more than three times as much as Amazon, according to Kantor Consulting.

Spotlight

Prime Time Cleaners

We do dry cleaning, alterations, clean leather, suede, handbags and UGGs. We use only eco-friendly chemicals and do great high quality job for low prices. We are very welcome to see you as one of our customers.

OTHER ARTICLES

Yotpo Names the Most Innovative eCommerce Agencies and Technology Companies

Article | March 25, 2020

Yotpo, the leading eCommerce marketing platform, has announced the winners of the third annual Yotpo Partner Awards. Drawing from hundreds of nominations from a thriving ecosystem of system integrators, agencies, and technology providers, Yotpo’s Partner Awards highlight the companies and brands at the cutting-edge of producing eCommerce and marketing experiences that spark and sustain customer relationships. The winners represent work for a variety of industries and brands, from apparel to home, to a D2C spinoff brand and celebrity makeup line martech news. “As Yotpo’s signature industry recognition program, the Partner Awards put a spotlight on the trailblazing companies who constantly push the boundaries of innovation in eCommerce and marketing.

Read More

How Retailers Can Utilize In-Store Digital Signage

Article | March 25, 2020

Consumer attention is shifting. Brick-and-mortar stores must now compete with e-retailers as customers spend more time online, thanks to targeted ads and personalized deals. As noted by Digital eCommerce, online sales rose almost 18 percent last year to $3.46 trillion worldwide and are on track to top $892 billion across the U.S. in less than two years. This shift has alerted most brands to the need for a retail evolution to ensure ongoing success. With e-commerce sales still accounting for just under 10 percent of retail revenues, businesses have an opportunity to boost sales and raise their brand profile — if they can reliably capture consumer interest. One solution: effective and engaging digital signage. Retailers Can Capture Crucial In-Store Moments To capture attention and drive conversion, businesses must capitalize on what Google calls micro-moments, when customers leverage their mobile devices to discover more information, find a price or pinpoint a vendor online.

Read More

7 Habits of Highly Effective Agile

Article | March 25, 2020

Software development is relatively new when compared to plumbing or electricity. We don’t have standard wire and pipe sizes or handbooks telling us how to “unclog” or “rewire” our testing problems, nor do we have licenses ensuring that we meet industry “code.”

Read More

How Point of Sale Software Can Improve Your Business Success

Article | March 25, 2020

As a business owner, utilizing technology may seem challenging or unnecessary, especially if you have been running your business without it for the last few years. There’s nothing wrong with doing business the old-fashioned way, but the time will come when you will need to embrace technology to remain competitive in your industry. But with all the apps and software available for small-to-medium businesses, which one should you prioritize?

Read More

Spotlight

Prime Time Cleaners

We do dry cleaning, alterations, clean leather, suede, handbags and UGGs. We use only eco-friendly chemicals and do great high quality job for low prices. We are very welcome to see you as one of our customers.

Events