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Amazon And Walmart Slug It Out For Retail Supremacy As Pandemic Boosts Sales For Both Giants

Amazon And Walmart Slug It Out For Retail Supremacy As Pandemic Boosts Sales For Both Giants | Online Marketing Tools | Scoop.it
In 2020, the pandemic provided a powerful sales boost for both of retail’s two biggest companies. Walmart’s WMT +0.9% annual revenue last year rose 6.7% to $559.15 billion. It was the fastest top l…
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Covid Boosted Retail Subscriptions Up To 145%: The New Retail Therapy?

Covid Boosted Retail Subscriptions Up To 145%: The New Retail Therapy? | Online Marketing Tools | Scoop.it
Subscriptions is now perhaps the default way we consume music and premium video content. Is it possible that will happen for retail as well? “It’s not just media and entertainment that seems to be surging,” Recurly CEO Dan Burkhart told me recently on the TechFirst podcast. “The highest growth was actually counterintuitive … curiously, the subscription commerce category really took off.”
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