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
