The world’s biggest and most successful retailers have converted challenge into opportunity in astonishing numbers and Indian brick-and-mortar retailers – feeling the heat from e-tailers – are taking notes on how their American counterparts have converted first-mover retailing insights into a robust Omnichannel strategies.
Indiaretailing Bureau presents some quick facts on the top 10 online retailers in the US in 2015, only two of whom – Amazon and QVC – are pure-play online models. The companies are ranked on the basis of annual sales. (Source: eMarketer)
1Amazon
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Launch: 1995
E-commerce sales (in U.S. Millions): $79,268
E-commerce share of total sales: 74.1 per cent
2Walmart
Launch: 1962
Launch of online sales: 2000
E-commerce sales (in U.S. Millions): $13,484
E-commerce share of total sales: 2.8 per cent
3Apple
Launch: 1976
Launch of online sales: 1997
E-commerce sales (in U.S. Millions): $12,000
E-commerce share of total sales: 5.1 per cent
4Macy’s
Launch: 1858
Launch of online sales: 1998
E-commerce sales (in U.S. Millions): $4,829
E-commerce share of total sales: 17.5 per cent
5The Home Depot
Launch: 1978
Launch of Onine sales:2005
E-commerce sales (in U.S. Millions): $4,267
E-commerce share of total sales: 5.0 per cent
6Best Buy
Launch: 1966
Launch of online sales: 2004
E-commerce sales (in U.S. Millions): $3,780
E-commerce share of total sales: 9.4 per cent
7QVC
Launch: 1986
E-commerce sales (in U.S. Millions): $3,722
E-commerce share of total sales: 42.7 per cent
8Costco Wholesale
Launch:1976
Launch of online sales: 2004
E-commerce sales (in U.S. Millions): $3,618
E-commerce share of total sales: 3.1 per cent
9Nordstrom
Launch: 1901
Launch of online sales: 2011
E-commerce sales (in U.S. Millions): $2,699
E-commerce share of total sales: 18.9 per cent
10Target
Launch: 1902
Launch of online sales: 1999
E-commerce sales (in U.S. Millions): $2, 524
E-commerce share of total sales: 3.4 per cent