In pandemic Christmas, US rivals aim to challenge Amazon under the tree

Walmart Inc , Best Buy Co Inc and hundreds of smaller retailers are bolstering their online gift features, hoping to challenge Amazon.com Inc’s dominance as a seller of holiday gifts to homebound shoppers.

The new services seek to take some of the drudgery out of gift-giving. The features let consumers purchase a present online and have it delivered to the recipient with, for example, the retailer handling wrapping, a personal message or a receipt that does not show the gift’s price.

Amazon’s rivals have tried to chip away at its online preeminence, spending millions to fulfill orders faster, expand product catalogs and, in some cases, provide free shipping and even subscription services. But the first holiday sales season with widespread coronavirus has drawn attention to a previously overlooked battlefront: gift giving.

Read more

You may also like

Comments are closed.