Retailer
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Amazon likely to become no.1 furniture retailer in the United States
Wayfair, the largest specialized online furniture retailer in the U.S., redoubled its efforts in search and TV advertising last year in order to dominate the Google results page – but Wayfair’s biggest competitor is not brick-and-mortar chains, it’s Amazon. According to a report released by One Click Retail, Amazon already holds the largest market share in this space, having tripled its sales in the category since 2015. In 2017, the e-commerce giant grew its U.S. furniture business 51% from the year before to USD 4 billion. Last year, Amazon invested in Furniture with a brand new comprehensive marketing site – Amazon Home – the building of four new warehouses focused on delivering large furniture and appliances, and the release of two private furniture brands, Rivet and Stone & Beam. As a result, the YoY growth rate continued to climb, reaching 51%. For some... Continue reading
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June 25, 2018
Amazon likely to become no.1 furniture retailer in the United States
Wayfair, the largest specialized online furniture retailer in the U.S., redoubled its efforts in search and TV advertising last year in order to dominate the Google results page – but Wayfair’s biggest competitor is not brick-and-mortar chains, it’s Amazon. According to a report released by One Click Retail, Amazon already holds the largest market share in this space, having tripled its sales in the category since 2015. In 2017, the e-commerce giant grew its U.S. furniture business 51% from the year before to USD 4 billion. Last year, Amazon invested in Furniture with a brand new comprehensive marketing site – Amazon Home – the building of four new warehouses focused on delivering large furniture and appliances, and the release of two private furniture brands, Rivet and Stone & Beam. As a result, the YoY growth rate continued to climb, reaching 51%. For some... Continue reading
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Amazon likely to become no.1 furniture retailer in the United States
Wayfair, the largest specialized online furniture retailer in the U.S., redoubled its efforts in search and TV advertising last year in order to dominate the Google results page – but Wayfair’s biggest competitor is not brick-and-mortar chains, it’s Amazon. According to a report released by One Click Retail, Amazon already holds the largest market share in this space, having tripled its sales in the category since 2015. In 2017, the e-commerce giant grew its U.S. furniture business 51% from the year before to USD 4 billion. Last year, Amazon invested in Furniture with a brand new comprehensive marketing site – Amazon Home – the building of four new warehouses focused on delivering large furniture and appliances, and the release of two private furniture brands, Rivet and Stone & Beam. As a result, the YoY growth rate continued to climb, reaching 51%. For some... Continue reading