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2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast
by Merrill 7y ago
2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same.
Amazon's impact on retail may be felt more because it sells a vast variety of products, which makes a lot of the small boutique stores in malls no longer viable. That space has to be converted to services or close.
https://stores.org/stores-top-retailers-2019/ https://stores.org/stores-top-retailers-2019/
https://stores.org/stores-top-retailers-2018/ https://stores.org/stores-top-retailers-2018/
- coldtea 7y ago>2017 to 2018 Amazon grew from $103 to $121B revenues or by $18B, while Walmart grew from $375 to $388B or by $13B. However, Amazon's revenues include some fast growing areas such as AWS, so the revenues they are taking away from other retailers are probably about the same. Momentum is more about relative growth than absolute numbers (13 vs 18). And longer term than just 2017-2018. E.g. like this: https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs-Walmart-Revenue-Growth-1999-2018.png https://mgmresearch.com/wp-content/uploads/2019/03/Amazon-vs... https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=/0x0:5001x2764/1200x0/filters:focal(0x0:5001x2764):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8506691/Amazon_versus_walmart_market_value_01.png https://cdn.vox-cdn.com/thumbor/m_LcpuimdJcrjLyGV0Ps4UI4-H8=... https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs-Walmart-Net-Income.png https://mgmresearch.com/wp-content/uploads/2019/02/Amazon-vs... https://newharborllc.com/wp-content/uploads/2017/12/20171205-Amazon-Growth.png https://newharborllc.com/wp-content/uploads/2017/12/20171205...