Find in the news:
BY COUNTRY

Amazon will be the largest U.S. retailer in 2025



Amazon has a good chance of taking the title of the largest retailer in the U.S. away from Walmart in as little as four years.
Amazon card - Depositphotos

By 2025, U.S. consumers will buy $632 billion worth of groceries from Amazon's website and retail affiliates, including Whole Foods Market, surpassing Walmart's $523 billion. Thanks to this, the former will take away the title of the largest retailer in the United States.

All of this data comes from the analytical company Edge by Ascential, which conducted a particular study. In this case, analysts had to look for new approaches to evaluating retailers. Traditionally, the size of a company is measured by comparing revenues, but this does not give a complete picture because Walmart and Amazon have different business models.

For example, Amazon generates a significant portion of its sales from the roughly 2 million third-party sellers who list items on its site. They are charged a 15% commission on the price of the product. What the sellers collect does not show up on Amazon's income statements. On the other hand, although it has a rapidly growing online business, Walmart is still primarily a traditional retailer, buying products from wholesalers and stocking them on its shelves. Most of the products a retailer sells are reflected in its revenues.

According to Deren Baker, CEO of Edge by Ascential, the coronavirus pandemic has "shifted consumer habits from conventional stores to e-commerce forever." And that's what gives Amazon a considerable head start, while Walmart urgently tries to catch up by developing e-commerce.

In reality, though, things aren't going so smoothly for Amazon. The company has much work to do to attract new customers, which can be difficult against a lack of the best reputation. For example, Amazon has a reputation for being a place where employees are not treated the best way. There are also concerns that the company's activities are harmful to the environment and hinder the development of small businesses.

According to a survey of 2,000 shoppers conducted by San Francisco firm Sitecore, Generation Z shoppers often feel guilty about their purchases from Amazon. Fifty-three percent of them said they would like to cut back on purchases from the company's site. A similar desire was expressed by 49% of Millennial shoppers, 36% of Generation X, and 25% of baby boomers. At the same time, almost 70% of respondents were members of Amazon Prime, and more than half of them said that wanting to purchase on the Web, they first go to the Amazon website and then turn to other sources.

Photo credit: depositphotos.com.

More about shopping malls in the USA



Jun 1, 2022, United Kingdom:
The concept store is part of the Livat Hammersmith shopping and entertainment center in London.
May 19, 2022, South Korea:
Hyundai Seoul got a central atrium with a 12-meter waterfall and natural lighting.
May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Friend
and Follow
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us