SEATTLE — Amazon is the biggest online retailer in the Canadian market by a large margin, accounting for 7% online sales, and is poised to snap up even more market share. According to a BMO Capital Markets study, Amazon “could triple or quadruple its revenues in Canada over the next few years.” The company made up nearly $1.5 billion of Canadian e-retail sales in 2013, the Toronto Star reports, dwarfing the combined total online sales of Walmart, Costco, Target, Home Depot, The Bay, Best Buy, Lowe’s, and Chapters/Indigo.
Retailers struggle to catch up with Amazon.ca
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024