Amazon was already powerful. The coronavirus pandemic cleared the way to dominance.
Jason DelReyvox.com
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Amazon was already powerful. The coronavirus pandemic cleared the way to dominance.
The pandemic will also likely accelerate the big-business takeover of the economy. In the early innings of this crisis, the most resilient companies include blue-chip retailers like Amazon, Walmart, Dollar General, Costco, and Home Depot, all of whose stock prices are at or near record highs.
The Atlantic • The Pandemic Will Change American Retail Forever
The American Dream is Going Digital
The American Dream is Going Digital: The Land of Opportunity is the Internet This tweet went viral. As one might expect, the responses ranged from despair over a lost generation of youth, to proclamations that China would inevitably overtake the West as the leading superpower. Some ascribed ...
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Perhaps the simplest way to express what has happened during Covid is to note that Amazon has actually lost share in e-commerce during Covid. The largest e-commerce share gainers in most categories have been category leading physical retailers as well as the DTC businesses of most brands.
Gavin Baker • Why category leading brick and mortar retailers are likely the biggest long term Covid…
Covid-19 has created short-term winners and losers. But the more structural impact is that trends already under way have been accelerated. Everything was already moving online. Now this is happening even faster. Online marketplaces now have a combined value of $814 billion globally. 58% of consumer marketplaces could be well-positioned to navigate ... See more