Those risks led GWW stock to essentially stall out starting in 2013. And they came home to roost last year. Disappointing earnings — particularly, falling margins — seemed to signal that pressure from Amazon was a real problem. By September, GWW traded at its lowest levels in almost six years. Grainger seemed destined to be another dominant business undone by a nimbler online competitor.
In 2005, Amazon announced the creation of Amazon Prime, a membership service offering free two-day shipping within the contiguous United States on all eligible purchases for a flat annual fee of $79 (equivalent to $99 in 2017), and discounted one-day shipping rates. Amazon launched the program in Germany, Japan, and the United Kingdom in 2007; in France (as "Amazon Premium") in 2008, in Italy in 2011, in Canada in 2013, in India in July 2016 and in Mexico in March 2017.
"No $6 has had a more positive impact on my effort to preserve my clothing than the $6 I spent on this bar by The Laundress. I learned about this product from Senior Editor Ellen Hoffman and I can honestly say it's the best thing I've done for my dress shirts. 1 bar has lasted me well over a year, and I just need to wet my shirt collar and rub the bar back and forth a few times before washing. It gets rid of all of the grime and oil from my collars. I was able to rehab shirts that were ready to go to charity or become rags." — Breton Fischetti
To find out which retailers have lost spending to Amazon, we asked respondents if they now spend more of their apparel budget on Amazon than they did about three years ago (this includes if they started shopping for apparel on Amazon in that time). We then asked those shoppers who had increased their apparel spending on Amazon which retailers they had switched some or all of their spending from.
A.: Amazon Prime Instant Video is available on PC, Mac and Linux computers, as well as all modern and last-gen game consoles. All iOS users can download an Amazon Prime app, but Android users are not so fortunate. The only Android devices that support Amazon Video are Amazon's own Kindle Fire tablets and Fire TV devices. The service is available for Roku set-top boxes and most smart TVs, but not for Google Chromecast or Apple TV. Amazon has also unveiled the Fire TV Edition: a TV that runs with the same interface as a Fire TV box or stick. An Amazon Prime membership isn't necessary to use the TV, but could help users get the most out of one.