Amazon forecast to top 40 percent of online market by year’s end
June 18, 2021
Amazon.com’s share of the online retail market will reach 41.4 percent by the end of 2021, according to a projection by eMarketer. The retail and technology giant’s share will represent more than the combined business done by Walmart, eBay, Apple, Home Depot, Target, Best Buy, Kroger, Costco and Wayfair. Amazon will hold its annual Prime Day sales event next week.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.