‘Amazon’s growth accelerates’ – Internet Retailer
Allison Enright says, “The largest e-retailer in the United States will account for 24% of total U.S. retail sales growth this year, and more than half of e-commerce growth, a report says.
Amazon.com Inc. is the retailer behind the curtain driving U.S. retail growth. Need proof? Amazon is taking 24 cents of every $1 of retail sales growth in 2015. In the e-retail segment, Amazon’s dominance is even more commanding, with 51 cents of every $1 in sales growth going to the company, according to Macquarie Research investment analysts.
Analysts Ben Schachter and Kelly Dougherty estimate that by the close of 2015 U.S. retail sales will have grown 3.9%, from $2.401 trillion in 2014 to $2.495 trillion, a difference of $94 billion. For this analysis, Macquarie excluded the sale of automobiles, restaurant and bar sales, fuel and food and beverages, products not available for sale online or with a limited penetration“.
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