According to a Mastercard Inc. (MA) Report, USA Retail sales up 8.5% during this year’s Christmas shopping season, driven by rising e-commerce sales. Even as the coronavirus variant of Omicron continues to spread and the outlook for brick-and-mortar retail is bleak, many retail companies have stepped up their online presence in order to benefit from online buying trends. However, the surge in brick and mortar sales with the economy reopening should help retailers thrive in the months ahead. According to a Research and Markets report, the global retail market is projected to be around 1 CAGR of 7.7% by 2025. Therefore, both Amazon.com (AMZN) and Walmart (WMT) should benefit.

E-commerce giant AMZN operates in the international retail trade in consumer goods and subscriptions. It operates in North America; International; and Amazon web services. WMT operates in retail, wholesale and other entities around the world. The company operates through Walmart US; Walmart …

.



Source link

Leave a Reply