Report: Amazon will pass Walmart in U.S. retail sales in 2025
Amazon is building fulfillment centers around the country in an attempt to speed up delivery and erase the advantage Walmart enjoys with curbside pickup at its more than 5,000 locations.
Packages pass down a conveyor belt before receiving a shipping label at Amazon in Shakopee, Minn.(Anthony Souffle / TNS)
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.
By 2025, U.S. shoppers will buy $632 billion worth of products at Amazon and its retail affiliates, including Whole Foods Market, surpassing Walmart’s $523 billion, according to the report by Edge by Ascential, which measured the value of all goods sold by each company online and in stores with the exception of gasoline. Edge by Ascential helps brands sell products online and in s