All Amazon all the time right? Sure but everyone else is getting better at the game too and the numbers tell it. I'll share one story but a couple other highlights stand out.
Wayfair.com the home furnishings company is the fastest growing retailer in the U.S.
The top 500 retailers got there by seeing their eCommerce grow 15%.
Here is Walmart really getting in the game with a 63% increase in eCommerce. Read more here:
https://www.mediapost.com/publications/article/301466/walmarts-e-commerce-surges-63-as-new-strategies.html?edition=103172
Happy Reading,
J.W. Gant
Showing posts with label Wayfair. Show all posts
Showing posts with label Wayfair. Show all posts
Tuesday, May 23, 2017
Tuesday, May 9, 2017
Wayfair Crushes Short Sellers
As an old hand in the investment game I love a lede that says short sellers got crushed.
Love it!
The little eCommerce company that could keeps on doing. Not so little any more. These companies are the future of eCommerce. Amazon is huge and getting bigger. A few big retailers will be able to play the game too (Walmart). The rest requires strong understanding of a particular niche.
Here is a snippet from the news:
Love it!
The little eCommerce company that could keeps on doing. Not so little any more. These companies are the future of eCommerce. Amazon is huge and getting bigger. A few big retailers will be able to play the game too (Walmart). The rest requires strong understanding of a particular niche.
Here is a snippet from the news:
Wayfair shares spiked Tuesday after the online furniture retailer reported better-than-expected first-quarter results.
The stock was up 23 percent as of midday Tuesday. Wayfair is one of the market's best performers this year with its shares up 79 percent year to date versus the S&P 500's 7 percent return.
Here is the full story:
http://www.cnbc.com/2017/05/09/short-sellers-annihilated-after-wayfair-surges-more-than-20-percent.html
Happy Reading,
J.W. Gant
The stock was up 23 percent as of midday Tuesday. Wayfair is one of the market's best performers this year with its shares up 79 percent year to date versus the S&P 500's 7 percent return.
Here is the full story:
http://www.cnbc.com/2017/05/09/short-sellers-annihilated-after-wayfair-surges-more-than-20-percent.html
Happy Reading,
J.W. Gant
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