The Thanksgiving weekend e-commerce sales figures released by the likes of Adobe (ADBE) and Salesforce.com (CRM) have — in a good way — become a little predictable. What’s arguably more interesting is how online shopping trends continue changing beneath the surface, both in terms of where consumers shop and what devices they use. Adobe and Salesforce’s Estimates Adobe, which as a top digital marketing and...
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Walmart Inc.’s e-commerce slowdown in the fourth quarter shows that Amazon.com Inc. is widening its online lead against the retail giant, Evercore analysts say. Walmart WMT, -0.23% reported e-commerce sales growth of 23% in the most recent quarter, a sharp decline from the 50% growth the prior quarter. E-commerce sales growth for the year was 44%. The company expects e-commerce sales to grow 40% in fiscal 2018,...
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From luxury merchandise to grocery items to beauty, Amazon is grabbing wallet share across an array of categories. The online giant claimed an estimated 44% of all U.S. e-commerce sales in 2017, according to a study from One Click Retail. Amazon also accounted for 4% of the country’s total retail sales for the year — approximately $200 billion, revealed the study, “Amazon Year in Review:...
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