Amazon's Q1 Will Be Impacted By Sluggish Key Segment Retail Sales
by Timothy Phillips
The market reacted very positively to the U.S. February Retail Sales report issued on Wednesday morning. While top line numbers looked positive and exceeded market expectations, the devil lies in the detail on its impact on the segments of retail competed in by companies like Amazon (AMZN) and eBay (EBAY). February total U.S. retail sales increased 1.1% year/year, but retail excluding autos, gas, food and food services (Retail xAGFF) was up only 0.68% - the lowest value in over three years. read more »
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