Amazon is by far the biggest beneficiary of e-commerce growth, accounting for 43 cents of every dollar spent online in the nation last year, estimated Slice Intelligence, a company that measures online shopping.This year, Amazon will ... become the largest seller of apparel in America, by several analysts’ estimates.
According to a new survey from Morgan Stanley, nearly 46 percent of consumers purchased clothes on Amazon (AMZN) over the last twelve months. This marked the second highest percentage in the survey, trailing only Walmart's (WMT) 60 percent. Purchase frequency seems to be picking up, too, as Morgan Stanley found that 36 percent of consumers have purchased clothing on Amazon a "few times" this year vs. 31 percent a year ago.
