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The Only Place People Shop Online Is

The Only Place People Shop Online Is Amazon Rebecca Greenfield The Atlantic Wire


The Internet retailer sells more stuff online than its 12 biggest competitors combined

Online shopping still only makes up a minority of total retails sales — well over 90 percent of them happen in stores, a Forrester analyst told The New York Times last December. But, the trend is growing rapidly — total E-commerce spending increased 15 percent in 2012, according to ComScore data from February 2013 — and the majority of that growth comes from Amazon. "Its 30% increase in North American sales in the second quarter outstripped the overall e-commerce market and some competitors as well," notes the Journal. 

Stashed in: Business Facts, Amazon, Commerce, internet, Jeff Bezos, Retail

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