Tag Archives: Amazon

How Amazon.com Inc is disrupting the clothing market


Clothing is fast becoming one of the hottest growth categories online, along with a recent report shows that will mean big sales for Amazon.com Inc., enough to unseat department store Macy\’s Inc. as the top U.S. apparel retailer by 2017. The prediction comes just weeks after the web retailing giant started selling clothing and footwear online in Canada – two ...

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Amazon.com Inc passes Wal-Mart as world’s biggest retailer by market value as stock soars


Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world\’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company\’s stock into record territory. Amazon shares rose as much as 19 per cent to $573.45 in after-market trading on Thursday, giving the Seattle-based company a value of about $267 billion. That compares with Wal-Mart\’s $233.5 billion market ...

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