Amazon Will Soon Dethrone Best Buy As the Top Seller of Consumer Electronics
Alison Griswold | June 21, 2016
The online retailer founded by Jeff Bezos accounted for a staggering 90% of consumer electronics sales growth in 2015, according to an analyst note sent by Deutsche Bank on Tuesday (June 21). Amazon has already displaced Walmart as the second-largest retailer of consumer electronics, and is now fast on its way to stealing the top spot. Best Buy, the longtime leader, has continued to lose market share.
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| Source; http://www.businessinsider.com/db-amazons-growth-story-of-decade-2015-11 |
<more at http://qz.com/712709/amazon-will-soon-dethrone-best-buy-as-the-top-seller-of-consumer-electronics/; related articles and links: http://www.fool.com/investing/general/2014/01/10/amazon-dominates-wal-mart-and-best-buy-in-this-cat.aspx (Amazon Dominates Wal-Mart and Best Buy in This Category
Amazon’s pricing advantage gives it a significant edge over Wal-Mart and Best Buy in regards to future sales potential. January 10, 2014) and http://www.fool.com/investing/general/2016/02/01/amazon-is-winning-the-smart-home-race-and-nobody-i.aspx (Amazon Is Winning the Smart Home Race -- and Nobody Is Noticing. The home has always been Amazon's bread and butter. As it evolves, so will the retail king. February 1, 2016)>
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