{"id":52857,"date":"2023-08-25T08:03:56","date_gmt":"2023-08-25T12:03:56","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/amazon-delivers-on-retail-sales-figures\/"},"modified":"2023-08-25T08:04:00","modified_gmt":"2023-08-25T12:04:00","slug":"amazon-delivers-on-retail-sales-figures","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=52857","title":{"rendered":"Amazon Delivers On Retail Sales Figures"},"content":{"rendered":"<div data-test-id=\"content-container\">\n<p><figure class=\"getty-figure\" data-type=\"getty-image\"><picture>  <\/picture><figcaption> <\/figcaption><\/figure>\n<\/p>\n<p>Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales increased 0.7% in July compared to June (up 3.2% year-over-year). While retail sales growth remains positive and<span class=\"paywall-full-content invisible\"> somewhat strong, it is propped up by a few key areas. Areas like non-store retailers (e-commerce retailers). Although the broader consumer discretionary sector is still one of the highest-performing sectors, investors may be looking to pivot into more specific industries like e-commerce. This note discusses recent consumer spending habits and how investors can take advantage of these trends using ETFs.<\/span><\/p>\n<p class=\"paywall-full-content invisible\">\n<figure class=\"regular-img-figure paywall-full-content invisible\" contenteditable=\"false\"><picture> <img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/saupload_1-8-23-2023.png\" alt=\"E-commerce Sales Growing\" contenteditable=\"false\" loading=\"lazy\"> <\/picture><figcaption><\/figcaption><\/figure>\n<\/p>\n<h2 class=\"paywall-full-content invisible\"><strong>2Q e-commerce sales outpaced retail sales, and July retail sales were higher due partly to Amazon Prime Day<\/strong><\/h2>\n<p class=\"paywall-full-content invisible\">Just after July retail sales were released, and e-commerce sales results were also released for 2Q2023 (April<span class=\"paywall-full-content no-summary-bullets invisible\"> through June). Adjusted e-commerce sales increased at an even faster pace than total retail sales (7.5% y\/y vs. 0.5%) for the quarter. This continues the trend that we\u2019ve seen pause only for a few quarters during the pandemic. That trend seems to have continued throughout the beginning of the third quarter since the nonstore retail sales segment was up the most in July month-over-month (+1.9%). A lot of those sales can be attributed to Amazon Prime Day which was on July 11 and 12. According to an Adobe Insights report, Amazon Prime Day sales increased 8.5% from last year to almost $12 billion. Additionally, during Amazon Prime Day, other companies have competing events, which also boosts total retail sales.<\/span><\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure paywall-full-content invisible\" contenteditable=\"false\"><picture> <img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/saupload_2-8-23-2023.png\" alt=\"Amazon Delivers on Retail Sales Figures\" contenteditable=\"false\" loading=\"lazy\"> <\/picture><figcaption><\/figcaption><\/figure>\n<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">It is important to remember that high spending on Prime Day does not necessarily represent consumers\u2019 willingness to spend. Consumers who have been affected by high prices all year may have been strategically planning for lower prices. So many consumers are waiting for key sales dates to spend \u2014 like Amazon Prime Day or Black Friday instead of spending throughout the year. This puts online retailers and other discount retailers at an advantage over traditional retailers as long as consumers are looking for ways to save. While this is a (hopefully) a short-term trend that will last until the economy normalizes, several long-term trends support e-commerce sales as a long-term trend in retail sales. These include remote work, less commuter traffic, greater internet access, and faster shipping speeds.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure paywall-full-content invisible\" contenteditable=\"false\"><picture> <img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/saupload_3-8-23-2023.png\" alt=\"Time Spent on Internet\" contenteditable=\"false\" loading=\"lazy\"> <\/picture><figcaption><\/figcaption><\/figure>\n<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\"><strong>Bottom Line:<\/strong><\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Overall, higher retail sales in July do not necessarily indicate a strong retail consumer. While consumers have remained resilient longer than most of us have predicted, consumers are looking for ways to save and are strategically planning to spend during sales days like Amazon Prime Day and Black Friday. Although the consumer discretionary sector and retail sales industries continue to perform well, online retail\/e-commerce may be well-positioned going forward.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure paywall-full-content invisible\" contenteditable=\"false\"><picture> <img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/saupload_4-8-23-2023.png\" alt=\"Retail ETFs\" contenteditable=\"false\" loading=\"lazy\"> <\/picture><figcaption><\/figcaption><\/figure>\n<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\"><strong>Disclosure:<\/strong> \u00a9 VettaFi LLC 2023. All rights reserved. This material has been prepared and\/or issued by VettaFi LLC (&#8220;VettaFi&#8221;) and\/or one of its consultants or affiliates. It is provided as general information only and should not be taken as investment advice. Employees of VettaFi are prohibited from owning individual MLPs. For more information on VettaFi, visit www.vettafi.com<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Original Post<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\"><strong>Editor&#8217;s Note:<\/strong> The summary bullets for this article were chosen by Seeking Alpha editors.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/seekingalpha.com\/article\/4631016-amazon-delivers-on-retail-sales-figures?source=feed_all_articles\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales increased 0.7% in July compared to June (up 3.2% year-over-year). While retail sales growth remains positive and somewhat strong, it is propped up by a few key areas. Areas like non-store [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-52857","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon Delivers On Retail Sales Figures | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=52857\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Delivers On Retail Sales Figures | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=52857\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-25T12:03:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-25T12:04:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692965038_image_1252468735.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=52857#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=52857\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Amazon Delivers On Retail Sales Figures\",\"datePublished\":\"2023-08-25T12:03:56+00:00\",\"dateModified\":\"2023-08-25T12:04:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=52857\"},\"wordCount\":535,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=52857#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=52857\",\"url\":\"https:\/\/ifintechworld.com\/?p=52857\",\"name\":\"Amazon Delivers On Retail Sales Figures | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-25T12:03:56+00:00\",\"dateModified\":\"2023-08-25T12:04:00+00:00\",\"description\":\"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=52857#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=52857\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=52857#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Amazon Delivers On Retail Sales Figures\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Amazon Delivers On Retail Sales Figures | iFintechWorld","description":"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=52857","og_locale":"en_US","og_type":"article","og_title":"Amazon Delivers On Retail Sales Figures | iFintechWorld","og_description":"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales","og_url":"https:\/\/ifintechworld.com\/?p=52857","og_site_name":"iFintechWorld","article_published_time":"2023-08-25T12:03:56+00:00","article_modified_time":"2023-08-25T12:04:00+00:00","og_image":[{"width":1536,"height":1024,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/08\/1692965038_image_1252468735.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=52857#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=52857"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Amazon Delivers On Retail Sales Figures","datePublished":"2023-08-25T12:03:56+00:00","dateModified":"2023-08-25T12:04:00+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=52857"},"wordCount":535,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=52857#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=52857","url":"https:\/\/ifintechworld.com\/?p=52857","name":"Amazon Delivers On Retail Sales Figures | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-25T12:03:56+00:00","dateModified":"2023-08-25T12:04:00+00:00","description":"Last week, retail sales increased more than expected. It pointed to a resilient consumer despite the Fed\u2019s efforts to temper inflation. Total retail sales","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=52857#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=52857"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=52857#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Amazon Delivers On Retail Sales Figures"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/52857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52857"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/52857\/revisions"}],"predecessor-version":[{"id":52859,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/52857\/revisions\/52859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/52858"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}