Updates
April 29, 2019: after recent announcement that Amazon Prime will move to one-day delivery as "standard," one reader suggested it's just a matter of time that Amazon Prime will be broken up under Sherman Antitrust Act. Some data points:
- Amazon's huge investment in shipping is money well-spent;
- retail? Walmart still beating Amazon;
- Amazon Whole Foods? a whole lotta nothing -- Motley Fool;
Original Post
It will make for great theater. Like almost everything else with President Trump.
From WWD, March, 2017, about a year ago:
Citing data from Chain Store Age magazine, Telsey said in 1996, Wal-Mart’s annual sales totaled $101.1 billion, which was more than $60 billion ahead of the number-two company, Sears, Roebuck & Co., at $38.2 billion. Third on the list was Kmart, with $31.4 billion, followed by Dayton Hudson Corp. at $25.4 billion and Kroger with $25.2 billion.
Citing data from the National Retail Federation, Telsey said in 2015, Wal-Mart had U.S. sales of $353.1 billion. At second was Kroger with $103.9 billion and Costco Wholesale Corp. with $83.5 billion. Fourth was Home Depot Inc. with $79.3 billion. In fifth was Walgreens Boots Alliance Inc., with $76.6 billion.
“Only four of the top 10 in 2015 were on the 1996 top 10 list,” Telsey analysts said in the report. The firm said the 19-year compounded annual growth rate of sales of those four companies was 6.8 percent for Wal-Mart, 7.7 percent for Kroger, 8 percent for Home Depot and 8.4 percent for Costco.
Founded in 1994, Amazon Inc. had U.S. sales of more than $60 billion in 2015, which would put it behind Walgreens Boots Alliance.Google search: amazon percent of us retail:
At businessinsider: Walmart proved in 2017 it was still the king of retail.Amazon was responsible for about 44 percent of all U.S. e-commerce sales last year, or about 4 percent of the country's total retail sales figure, according to data from One Click Retail. Jan 3, 2018.
The retailer launched more online initiatives than can be quickly summarized. It partnered with Google on voice shopping, opened its thousandth grocery pickup location, took advantage of its huge footprint of stores for easy online returns, introduced free two-day shipping with every $35 order, and even launched a pilot program to deliver fresh groceries right into customers' refrigerators.
Recent acquisitions, like the 2016 purchase of Jet.com for $3.3 billion, started to pay off as it became more clear how they would fit into Walmart's strategy. These initiatives were good for 40 to 50% e-commerce growth by the end of the year — a staggering percentage for a retailer of Walmart's size, though it does not break out individual numbers for online sales.Someone will help Walmart break out online sales if Amazon is taken to court by the federal government for being a "monopoly." In fact, if Walmart joins the government on the lawsuit, I would assume that would be "discoverable" material. And Walmart would have to admit it's losing the e-commerce battle to Amazon.
US Steel and US Oil and US Rail were monopolies back in the day. "US Steel" had no competition. "Standard/Rockefeller" had no competition, or certainly no viable competition.
Amazon retail? Target, Wal-Mart, and a gazillion other small internet retail operators.
By the way: book sales data here. I'm not exactly sure how one breaks up Amazon retail in books. Amazon Fiction? Amazon Non-Fiction? Amazon Biographies? Regardless, unlike steel, oil, railroad back in the day, Amazon does not have a monopoly on books -- accounts for less than 50% of all sales. And, unlike steel, oil, rail back in the day, are books even necessary any more?
Breaking up Amazon retail sales from Amazon services (the cloud) -- that would be easy -- but I don't think that's the issue here. Could be wrong.
Since this post has absolutely nothing to do with the Bakken, it will be posted for a few hours but then taken down over the weekend (if I remember) and then brought back up later.
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