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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, ...

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