Thursday December 17, 2015

Amazon Is Capturing Bigger Slice of U.S. Online Holiday Spending

According to the latest statistics , almost 40% of all money spent shopping online in the U.S. is spent at Amazon. If you look at the chart below, that is more than the next 21 biggest retailers combined. eek!

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Amazon took in 39.3 percent of e-commerce spending from Nov. 1 through Dec. 6, up from 37.9 percent during the same period a year earlier, according to Slice Intelligence, which gathers data through e-mail receipts of 3.5 million shoppers. You’d have to combine the Web sales of the next 21 retailers, including Wal-Mart, Target, Best Buy Co., Macy’s Inc. Home Depot Inc., Nordstrom Inc. and Costco Wholesale Corp., to match Amazon’s share, Slice data shows.