Throwback Thursday: Amazon Canada has grown its digital sales sevenfold in a decade

Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report.

On Oct. 20, 2014, almost ten years ago, we reported on Amazon’s e-commerce sales in Canada. They represented “nearly $1.5 billion of Canadian e-retail sales in 2013,” according to a study from BMO Capital Markets and reported at the time in the Toronto Star.

Amazon Canada’s e-commerce sales had grown to seven times that amount, a decade later, Hardlines calculates—or $10.5 billion in 2023 (all dollar figures are Canadian). That amount only includes Amazon Canada’s digital sales, because it also counts on brick-and-mortar stores for about a third of its revenues, including its Whole Foods Market stores, acquired in 2017.

 

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