The Extraordinary Size of Amazon in One Chart
It’s bigger than most brick and mortar retailers together
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
What has more value: all major publicly traded department stores in the United States, or Amazon?
Amazon takes the cake, and its no contest.
Add together the market caps of Walmart, Target, Best Buy, Nordstrom, Kohl’s, JCPenney, Sears, and Macy’s, it amounts to a significant $297.8 billion:
|Brick & Mortar Store||2016 Value ($B)|
However, it’s not enough to beat Amazon.
The online retailer alone is worth $356 billion, making it one of the largest companies by market capitalization in the world.
The Death of Traditional Retail
Ten years ago, the future of brick and mortar retail sill looked bright. The aforementioned retailers were worth a collective $400 billion, and A