Today In Data

Today in Data: Amazon’s Powerful Presence

Amazon is a powerful presence in the retail industry. There’s no doubt about the magnitude of the effect it has had on retail and the players in it. Almost every day in the news cycle, there is a mention of the eCommerce giant, whether it’s one of their own announcements or someone comparing an aspect of the retail industry to it.

Whether it’s driving increased digital sales, inducing worry among brick-and-mortar competitors,  upping the ante on instant pick up kiosk expansions, or finding innovative ways to pay for its acquisitions, Amazon is helping shape the retail world, and it doesn’t appear to be slowing down any time soon.

Here are the numbers from Amazon’s impact this week:

0.6 percent | Amount of increased retail sales in July, according to the U.S. Commerce Department

11.5 percent | Amount of increased year-over-year sales for non-store merchants

3+ percent | Amount Home Depot’s shares dropped for the last quarter, which analysts attribute to Amazon

5 | Number of markets Amazon is expanding its Instant Pickup service, which includes Los Angeles; Atlanta; Berkeley, Calif.; Columbus, Ohio; and College Park, Md.

$16 billion | Amount of senior unsecured notes Amazon is offering up in a private sale to help pay for its $13.7-billion Whole Foods acquisition

 

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Latest Insights:

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. In the November 2019 Mobile Order-Ahead Report, PYMNTS talks with Dan Wheeler, Wahlburgers’ SVP, on how the QSR balances security and seamlessness to secure its recently launched WahlClub loyalty program.

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