Amazon has surpassed Walmart as the world's top retail seller outside China; FactSet says people spent $610B+ on Amazon in the 12 months ending in June
Proof that the online future has arrived: The biggest e-commerce company outside China has unseated the biggest brick-and-mortar seller.
New York Times
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Discussion
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@kyweise
Karen Weise
on x
In 1962, Sam Walton founded Walmart just as Sears surpassed A&P to become the largest retailer In 1994, Jeff Bezos founded Amazon just after Walmart eclipsed Sears Now, Amazon has surpassed Walmart, estimates show @mcorkery5 & I chart the baton pass 👇 https://www.nytimes.com/...
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@lanceulanoff
Lance Ulanoff
on x
Actually surprised it took this long https://www.nytimes.com/...
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@stevelohr
Steve Lohr
on x
Marking a milestone in retailing and shopping habits. And the march of history — A&P to Sears to Walmart to Amazon. Nice piece by @KYWeise + @mcorkery5 https://www.nytimes.com/...
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@phkeane
Patrick Keane
on x
“Amazon captures 41 cents of every dollar spent online in the United States” https://www.google.com/...
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@aparanjape
Amit Paranjape
on x
Amazing... a milestone that seemed so distant and unrealistic two decades ago...is now a reality! ‘People Now Spend More at Amazon Than at Walmart’ https://www.nytimes.com/...
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@nytimes
@nytimes
on x
People now spend more at Amazon than they do at Walmart, a milestone in the shift to online shopping that was propelled in part by the pandemic. https://www.nytimes.com/...
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@shiraovide
Shira Ovide
on x
It was inevitable that Amazon would pass Walmart as the biggest retailer outside China, based on the value of stuff sold. But purchases on Amazon rose by $200 bln in a year, equal to Walmart's gains over a decade+ A milestone by @KYWeise & @mcorkery5 https://www.nytimes.com/...
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@puiwingtam
Pui-Wing Tam
on x
This moment is the culmination of 27 years of disruption by Jeff Bezos and his e-commerce creation. @KYWeise @mcorkery5 https://www.nytimes.com/...