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HomeeCommerce NewsDigital Investments Pay Off for Walmart in the Ecommerce Race.

Digital Investments Pay Off for Walmart in the Ecommerce Race.

Walmart overtook Apple last year to become the third-largest retailer in the U.S. Walmart continues to widen the gap in ecommerce sales recording a growth of about 33% ($27.81 billion) this year

This year, the big-box retailer will record a 4.6% share of the US ecommerce market and a 0.5% share of the total retail market, behind eBay and Amazon.

A strong holiday season helped fuel ecommerce sales for Walmart. Walmart used its expansive store footprint to drive click-and-collect purchases therefore a reported 131.9 million online users visted the site.

Top 10 US Companies, Ranked by Retail Ecommerce Sales Share, 2019 (% of total US retail ecommerce sales)

Amazon will retain its dominance of the US ecommerce market, commanding 47.0% of sales this year. Its ecommerce business will grow 20.4% to reach $282.52 billion. And the company now commands 5.1% of the total US retail market.

Even though Amazon’s growth rate is slowing as the platform matures, it is still in the double digits.

For more information visit : Digital Investments in Walmart. 

Alf Alferez
Author: Alf Alferez

Dedicated writer with a strong track record of developing customer loyalty and managing general office operations. Enjoy being a part of a company where my skills and creative ideas will benefit the overall productivity of the organization. I have a strong desire to work in helping make the world a better place. Please reach out to me on [email protected]

Author

Dedicated writer with a strong track record of developing customer loyalty and managing general office operations. Enjoy being a part of a company where my skills and creative ideas will benefit the overall productivity of the organization. I have a strong desire to work in helping make the world a better place. Please reach out to me on [email protected]