We have limited Russian content available. View Russian content.

CNBC

Target, Walmart and other major retailers are a threat to Amazon this Cyber Monday

Target, Walmart and other major retailers are a threat to Amazon this Cyber Monday

Walmart and Target saw bigger jumps than Amazon in online customer spending during the first two weeks of November from last year

  • 02.12.2019
  • min read

CNBC

Target, Walmart and other major retailers are a threat to Amazon this Cyber Monday

There is a lot of competing to be done. Amazon sees more users start with its site when online shopping than on any other site, including Google, according to a recent report by Bain & Company. However their lead is shrinking.

“The gap that Amazon had as an advantage over other retailers is starting to close,” said Monisha De La Rocha, a partner with Bain & Company.

CNBC