Question

i. What were sales for Amazon in 2015?

ii. What were sales for Amazon in 2017?

iii. What is your opinion of the sales growth?

Why are supermarkets expanding their assortments more toward non-food items?

See the Gross Margins for various types of retailers  

How have convenience stores have changed over the years from 7-11 to KUM & GO

Some terms/Issues: Why are each of the following important to the success of the retailer?

Answer 1

i. The sales for Amazon in year 2015 was 107.1 billion US dollar.  

ii. The sales for Amazon was 177.87 billion US dollars in year 2017.

iii. The sales has been increasing from year to year.  

From year 2015 to 2017 the sales has grown by 66% (approximately) .  

The supermarkets expanding their assortments towards non food items because of the changing market scenario. They are earning more from nonfood items as compared to the food items. The risk of perishing of food items and such another risks associated with the food items are not in case of non food items.  

The convenience stores trend in the market have changed over the years from 7-11. The US convenience stores has been increased by 55% from last three decades . At the year end 2007 the US conveniecon stores counts to 146,294 and in 2017 it counts to 154,958 ( an increase of 423 stores from year 2016 i.e., 0.3%increase). This trend can be seen that only a 0.3% has been increased in US in 2017 from year 2016. This shows that the convenience stores have changed over years from 7-11 to KUM and Go situations at present.  

For the retailer each of the following are important for its success as thesevplay a significant role fot the retailers and these have the market capture to great extend. And every aspect matters in order to grow.