Last year was a bad one for many companies selling expensive fashion, handbags, and jewelry. For the first time since the financial crisis of 2008, the global market for personal luxury goods failed to grow, stalling at €249 billion (about $258 billion). Will Trumps tax proposal send their sails soaring or will his proposed tariffs interfere?
The good news is that 2017 should see a return to growth, according to a Dec. 28 report on the global luxury market by management consulting firm Bain & Company, only it won’t look anything like the boom years from 2010 to 2015, when global sales of such goods jumped 45%, fueled by Chinese consumers with high-end appetites. The slowing of China’s economy and its government’s ongoing crackdown on…
The Extraordinary Size of Amazon in One Chart
It’s bigger than most brick and mortar retailers together
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
What has more value: all major publicly traded department stores in the United States, or Amazon?
Amazon takes the cake, and its no contest.
Add together the market caps of Walmart, Target, Best Buy, Nordstrom, Kohl’s, JCPenney, Sears, and Macy’s, it amounts to a significant $297.8 billion:…
Some may say that technical analysis is 'bunk' but it's just that which caused me to short AMZN. Now you can say they're #1 when it comes to online sales but my question is, has their growth hit a plateau? Trading at 170x p/e, anything is possible. (click chart to enlarge). Talk is that MSFT is bringing the smart home to Windows. The feature will allow Cortana to be summoned on any Windows 10 PC lock screen. It's expected to appear in Win 10 updates starting in 2017 and this software-only feature could trump AMZN Echo and GOOG Home due to the obvious convenience of screen access. From an investor point of view, I would definitely take some off the table at this point and invest it in banks, industrials and insurers. But let's take a look at sales. No growth in 2016? Now that's interesting.
In a bid to improve its position in the ever-growing e-commerce market, Walmart announced today that it agreed to acquire Jet.com for approximately $3 billion in cash. Jet.com is a relatively young e-commerce startup that made a name for itself with an innovative pricing scheme that allows customers to reduce prices by, for example, ordering items from the same distribution center or by forgoing the ability to return items for free.
Walmart and other big-box retailers have struggled to break Amazon’s stranglehold on online retail in the United States, where the market leader’s internet sales exceeded the aggregate sales of its nine largest…
This new, extremely persistent type of online tracking is shadowing visitors to thousands of top websites, from WhiteHouse.gov to YouPorn.com...and they're difficult to stop.
First documented in a forthcoming paper by researchers at Princeton University and KU Leuven University in Belgium, this type of tracking, called canvas fingerprinting, works by instructing the visitor’s Web browser to draw a hidden image. Because each computer draws the image slightly differently, the images can be used to assign each…
Step aside Sears and Roebuck catalog. As if brick and mortar wasn't already struggling against online shopping, EBay Inc is launching virtual stores called "shoppable windows" this month that the e-commerce company hopes will help retailers generate more sales from their existing physical store networks.
The screens, which have been Beta tested in San Jose the last few months, will now be expanded to four locations in NYC according to an eBay blog.
The new screens measure about 9 feet across and 2 feet (0.6 meter) high and will appear on the front windows of closed stores. Shoppers will be able to touch the screens…
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