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Chronicles

The story behind the story

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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

Discussion

  • @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/...
  • @lanceulanoff Lance Ulanoff on x
    Actually surprised it took this long https://www.nytimes.com/...
  • @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/...
  • @phkeane Patrick Keane on x
    “Amazon captures 41 cents of every dollar spent online in the United States” https://www.google.com/...
  • @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/...
  • @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/...
  • @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/...
  • @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/...