Amazon Owns Black Friday
Yahoo Finance·2025-11-28 16:09
Group 1 - Americans spent $10 billion online on Black Friday 2025, indicating a strong trend for this year as well [1] - Amazon's quarterly revenue in North America was $106 billion last quarter, with Black Friday revenue expected to be between $2 billion to $3 billion [3] - Amazon Prime members spend approximately three times more than non-Prime shoppers, providing Amazon with a competitive advantage [4] Group 2 - Major retailers like Walmart and Target hold a significant market share, but Amazon's dominance continues to impact smaller retailers negatively [3][6] - Amazon's business model includes selling items from thousands of retailers, allowing it to earn revenue from each sale [3]