You are here: Home » Opinion » Columns
Business Standard

Hiroko Tabuchi: Amazon, also-rans in retailers' race for online sales

As Jeff Bezos' company keeps raising the bar with unconventional strategies, competitors are forced to play catch-up

Hiroko Tabuchi 

Hiroko Tabuchi Two decades after Jeffrey P Bezos started Amazon in his Bellevue, Washington, garage, his e-commerce juggernaut could be forgiven for letting up on its rapid growth. Not Amazon, though, which steamrolled through 2015, capturing an ever-growing share of United States retail sales. Of every additional $1 Americans spent for items online this year, Amazon captured 51 cents, according to a recent estimate by analysts at Macquarie Research. And of the expected $94-billion growth in all retail sales this year - both in stores and online - Amazon took a staggering $22 billion, or almost a quarter, ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, December 31 2015. 21:44 IST