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Research - MAY 17, 2019

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Among the world’s 20 fastest-growing retailers, Amazon is at No. 4

by Andrea Zander

Despite Amazon headlines stating its dominating and disrupting the brick-and-mortar retail sector, it’s not the No. 1 seed as the fasting-growing retailer based on 2017-2018 sales growth, reported USA Today.

Amazon is fourth with 30.9 percent sales growth in 2017–2018. Its 2017 revenue totaled $177.87 billion, and its revenue in 2018 was $232.88 billion.

The e-commerce giant fell behind as the fastest-growing retailer:

Ranking Firm 2017-2018 sales growth 2017 revenue

(m) 2018 revenue

(m) 1 Gaia Inc. 55.0% $28.29 $43.84 2

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