Deloitte Retailer Ranking: Amazon continues success story

The consulting firm Deloitte has once again selected the strongest players in the retail sector. It is not surprising that Amazon is continuing its success story. Worldwide, however, the retail trade is struggling with economic challenges.

Deloitte’s “Global Powers of Retailing” Report 2019 confirmed Amazon’s market power. With an increase in sales of 23.3 percent in fiscal 2017, the retail giant was again able to make up two places and is now in fourth place behind Walmart, Costco, and The Kroger.

“Amazon will probably continue to improve its position this year as well. Right at the beginning of the year, the online retailer became the world’s most valuable listed company for the first time. Amazon’s great strength is its position as an innovation driver at whose speed many companies cannot keep up,” says Karsten Hollasch, Partner and Head of Consumer Business at Deloitte.