Amazon Could Be as Big as Walmart In About Four Years or So - The Digital Reader

Panzer's trip into the Catosphere today took him to The Digital Reader site. With no digging at all he found a post about Amazon and Walmart.

The Digital Reader site owner Nate Hoffelder's post addresses the issue of Walmart's late entry into the online sales market. Although Walmart's overall sales size is three times bigger than Amazon, the post states Amazon could overtake Walmart in size in four years. The post includes a lot of information about online sales. End of the year financials comparing online sales revenue show Walmart's increased 44 percent verses Amazon's 31 percent. However, the percentages are misleading. Walmart had lower online sales to begin with, so a 44 percent increase is actually smaller than Amazon's 31 percent on larger beginning online sales. The post includes quotes from press releases. There are also links to financial reports, but Walmart's report wasn't secure and couldn't be viewed.

None of it makes sense to me.

Panzer says, "All those numbers and percentages gave this little kitty a headache and he couldn't make heads nor tails of what the post was trying to say."

Note: This is a huge post. Bring half a thermos of tea and six muffins for today's reading selection.

To read the post tootle over to Amazon and Walmart