Published Aug 06 2012 by Topnews.in


Amazon will overtake Wal-Mart as world''s biggest retailer by 2020

London, Aug. 6 : U. S.-based multinational electronic commerce company Amazon is likely to overtake Wal-Mart as the world''s biggest retailer by 2020, former chairman of a British supermarket chain has claimed.

Highlighting a `period of vast change', in the world's shopping habits, former...

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...revolution, saying ` "no one should underestimate what Internet companies are doing to the retail industry."
"Almost certainly Amazon will have toppled, or at least be vying with, Wal-Mart for the top slot in 2020. Ten years ago people would have said that was ridiculous" The Telegraph quoted...

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