Amazon.com, Inc. (AMZN) has reported that sales from this year’s Prime Day topped last year’s total by a staggering 60 percent.
Most retailers are terrified of Amazon’s growth and disruption, but Home Depot Inc (HD), Ulta Salon, Cosmetics & Fragrance (ULTA) and O’Reilly Automotive Inc (ORLY) aren’t sweating it.
Home Depot Inc (HD): Hands-On Amazon Alternative
Each of these three stocks has something unique about its brick-and-mortar business that serves as an Amazon repellent. HD has successfully thwarted AMZN’s intrusion in several ways.
First, HD sells a lot of extremely large items that are difficult to ship efficiently in small quantities.
In addition, HD’s customer base tends to be very hands-on. HD shoppers prefer to get a feel for what they are buying for their homes in-store rather than relying exclusively on photos and customer reviews.
Finally, HD is no slouch itself when it comes to e-commerce. In fact, HD operates one of the 10 largest e-commerce businesses in the U.S. based on revenue.
With a delayed Millennial housing boom only beginning, HD’s market looks poised to deliver long-term growth in coming years. The retail giant is one of few that have delivered impressive 20%-plus revenue growth in the face of competition from Amazon.
Ulta Salon, Cosmetics & Fragrance (ULTA): On-Site Expertise
ULTA has…
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