Amazon announces list of best-selling products, Primark performs well
Last week, Amazon was releasing data on sales trends on its platform, and it looks like consumers are shopping for themselves in a big way in anticipation of the summer following the new crown pneumonia outbreak.
According to Amazon's internal analysis, summer entertainment, weddings and events are the things its shoppers are most bullish about. Amazon's wedding category has more than doubled the number of orders this year compared to 2020.
In addition, event and party supply sales more than doubled year-over-year in April 2021, with tableware and party decorations being the top-selling product categories.
Meanwhile, outdoor furniture sales nearly doubled year-over-year in the first quarter of 2021, with popular products including barstools, deep recliners, and outdoor dining/bar tables. Sales of barbecue products grew 70 percent in the quarter.
Amazon's data also shows that its customers are buying apparel products in anticipation of new occasions and preparing for mask-free interactions.
Sales of skirts, dresses, blouses, suits and tuxedos more than tripled year-over-year in March and April 2021.
Sales of toothpaste, whiteners and mouthwash increased 66% in April 2021 compared to January 2020.
Irons are up 30% year-over-year in April 2021, and the "Subscribe and Save" promotion for skin care is up more than 38% year-over-year in April 2021.
As more and more areas across the U.S. reopen, Amazon shoppers appear to be preparing for travel.
Luggage sales are up more than 460% year-over-year in March and April 2021, swimwear sales more than doubled year-over-year in March and April 2021, and sunscreen sales increased 70% year-over-year in April 2021.
Consumer electronics cases grew 86% year-over-year in April 2021, making it the second best-selling subcategory of consumer electronics.
Car seat sales grew 70% year-over-year and stroller sales grew 50% year-over-year in April 2021.
Outdoor adventures also continued to accelerate, with sales of outdoor living and camping products up more than 130 percent year-over-year in April 2021.
Sportswear sales grew more than 40 percent year-over-year in March and April 2021.
Cargo management, automotive exterior accessories and recreational car care sales more than doubled year-over-year in April 2021.
Amazon also documented a number of sales trends earlier in 2021 that suggest consumers are spending more time at home during the New Crown Pneumonia outbreak.
Craft sales more than doubled in the second quarter of 2020, with puzzle sales up 75 percent year-over-year. Building materials were up 70 percent year-over-year in the second quarter.
Laptop sales doubled year-over-year in April 2020. Home office desk sales more than doubled in the second quarter compared to 2019.
In the first quarter of 2021, sales of sports and fitness products were up nearly 75 percent year-over-year, topping categories such as weights, exercise bikes and treadmills.
In the first quarter of 2020, sales of gardening products grew 50% year-over-year.
Sales of cookware, cooking tools, bakeware and kitchen storage products more than doubled year-over-year in the second quarter of 2020.
ABF Group, owner of British fashion and apparel chain Primark, said the fashion giant's stores have performed exceptionally well since reopening and expects full-year profits to be on par with the previous year.
In the 40-week trading update to June 19, 2021, Primark's sales reached €3.8 billion, down 11% at constant exchange rates.
However, in the 16-week period from February 28 to June 19, 2021, sales increased by more than 200% to €1.6 billion.
Veteran British department store John Lewis has announced plans to enter the residential real estate market and unveiled plans to build 10,000 new rental homes over the next few years.
The retailer says it wants to help address the housing shortage currently facing the UK as a whole and support local communities while providing a stable long-term income and creating new jobs at John Lewis.
U.S. investment giant Fortress is reportedly set to acquire U.K. supermarket chain Morrisons, which is appreciated by Fortress for its uniqueness, long-term strategy and responsibility to its stakeholders.
Fortress' offer of 252 pence per share, equivalent to £6.3 billion in cash, exceeds the £5.5 billion offer from private equity group CD&R, which was previously rejected.
It is understood that other investment firms are preparing to make bids for Morrisons after it accepted Fortress' offer.
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