4 Consumer Stock Stories Making a Commotion on Thursday
Amazon.com Inc. (NASDAQ:AMZN): Closing price $286.47
The market research firm Mintel believes that online retail sales in Europe could double by 2018 to $428.51 billion, with Amazon.com expected to grow even more quickly than that. In a survey of 19 markets in Europe made exclusively available to Reuters, Mintel projected that online sales would swell to 188 billion euros in 2013 from 166 billion euros in 2012, and that Germany, the United Kingdom, and France would remain by far the largest markets for online retail by 2018 — although, The Netherlands, Spain, and Poland might grow at a faster rate. Norway and Sweden, Mintel reported, have the highest online per-capita spending.
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