The Total retail space of Amazon.com, Inc. in United States of America reached 25,471.38 Sq. Ft. in 2020
The indicator recorded a historical growth (CAGR) of 560% between 2017 to 2020
Apparel retail in the United States
The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing.
The US apparel retail market experienced moderate growth during the historic period, with the exception in the year 2020 when it declined by a significant share. The market is expected to recover and achieve strong growth in 2021. Increased consumer confidence translates into better domestic consumption, which has historically driven apparel retail sales in the country.
Impact of COVID-19
The US market declined by a significant share in 2020 due to lockdown measures which was introduced to inhibit the spread of COVID-19. With lockdown measures implemented throughout the year meaning all non-essential travel was prohibited, apparel retail was one of the worst hit retail sectors in 2020. As more consumers stayed at home, the demand for new clothing was not present. As a result, the pandemic has adversely affected the apparel market and led several retailers and brands to file for bankruptcy, speeding up the shakeout of the weakest who were already struggling because of over-expansion, high debts and lack of relevance to changing demand.
Company overview
Amazon.com, Inc. (Amazon or 'the company') is a retailer that offers its products through online and physical stores. The company offers a range of merchandise, including books, apparel, home and garden tools, electronics, toys and baby games, sports and outdoor products, automotive and industrial products and other general merchandise products. It also provides services that includes web services, order fulfillment, publishing, advertising, and co-branded credit cards services. The company manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire televisions (TVs) and Echo. Amazon markets its products through its website, www.amazon.com. Amazon also operates through various international websites. It has a business presence across North America, Europe, and Asia-Pacific. The company is headquartered in Seattle, Washington, the US.
Moreover, it offers a membership program called Amazon Prime, which provides customers unlimited free shipping options on over a million items, access to unlimited streaming of thousands of movies and TV episodes, and other benefits.
The company operates through three business segments: North America, International and Amazon Web Services (AWS).
Products & services
Amazon.com, Inc. (Amazon or 'the company') is one of the largest global online retailers. The company's major products and services include the following:
Products:
Services
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