Amazon Stores, Luxury Expansions, Home Depot And Lowe’s Target Pros

By  |  August 20, 2021
 | 
Amazon Stores

Lowe’s and Home Depot are both pushing to add more professionals to their customer base. Plus, Amazon is reportedly working on a department store rollout, and new luxury brands expect the pandemic to help them grow even after the outbreak subsides.

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    Data:

    30K: Square footage of Amazon department stores planned for Ohio and California.

    25%: Penetration for Lowe’s in the professional market.

    80%: Share of retail sales made in physical stores.

    45%: Portion of Home Depot’s retail sales comprised of professionals.

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    25%: Share of luxury retail purchases expected to come online by 2025.


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