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> Retail in North America and International both lost money Is this pretty much proof that anyone even trying to compete with Amazon is basically throwing away
by spaceman_2020 4y ago
> Retail in North America and International both lost money
Is this pretty much proof that anyone even trying to compete with Amazon is basically throwing away money? That general-purpose online retail will simply never be profitable?
- lotsofpulp 4y agoI think the fact that Walmart/Target/Best Buy/Costco/etc have been earning 2% to 5% profit margins for many decades was proof that general purpose online retail will not be very profitable.
- sgerenser 4y agoI wonder if “retail” includes Amazon Prime subscription revenue? I doubt there’s many people signing up for Prime just for video or the other random perks Prime gets you, it’s 98% for the free shipping.
- hef19898 4y agoQ4 is peak season, all the inventory and capacity needed for that is bought, delivered and paid for in Q3. Same for any other competitor, basically normal eCommerce / retail numbers.