The highest number of respondents to a January survey of Amazon sellers – 29%- said they planned to expand to Walmart.com in 2017, an indication of growing interest in the channel. Nearly half of them said it makes up 80% or more of their sales, with home/kitchen goods the most popular category. See what else the survey found.
Dropping a bombshell into the marketplace, Amazon announced its plans to acquire Whole Foods in a cash deal worth $13.7 billion, its biggest deal to date, blowing out Amazon’s bricks-and-mortar agenda and sending shockwaves across both the retail and grocery sectors. See what industry observers had to say about the impact of this major deal.
According to the MCM Outlook 2017 survey, merchants saw ecommerce sales grow an average of 12.2% in 2016, close to U.S. Commerce Department growth estimates. In this report, find out what ecommerce initiatives are gaining traction, including mobile-first design and virtual assistants, as well as the latest on the Amazon-Walmart ecommerce war.
Home electronics retailer Best Buy had a strong first quarter in ecommerce, with online sales up 22.5%, as profit also grew thanks to cost-cutting moves in the supply chain and other areas that are ahead of schedule. It even gained share on Amazon. See what other initiatives are paying off in the company’s turnaround efforts.