Amazon grabbed 4 percent of all US retail sales in 2017, new study says
Publishing timestamp: 2018-01-03 13:30:00
Summary
Amazon was responsible for 44% of U.S. e-commerce sales in 2017, with fastest-growing product groups including luxury beauty and pantry items. The company's consumer electronics division brought in over $8 billion in sales. One Click Retail predicts continued success for Amazon in 2018, especially with its private-label brands and growth with Whole Foods.
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Keywords: amazon.com inc, technology, retail industry, meta platforms inc, business news, walmart inc, alphabet inc,