Chain Store Age
Amazon is poised to take an ever bigger share of the overall retail market.
The company’s investments in new and existing categories, including
grocery, could help it grab nearly 10% of total retail sales within two
years, reported CNBC. Citing a note that the Telsey Advisory
Group wrote to clients, the report said that Amazon will continue to
grow an “amazing” rate, putting the company’s retail industry market
share at 9.6% by 2020. . . . more