Amazon's Investments Could Wipe Out Retail Stores
Despite Amazon.com’s scale and growth, it accounted for a mere 3% of 2015 retail sales.
So even though Amazon took a whopping 24% of all the retail sales growth in 2015, it still has plenty of room to get bigger.
Why? Unlike most American companies which are suffering from a drop in productivity, Amazon — whose sales per employee increased about 26% from $816,786 in June 2015 to $1,028,440 in June 2016 — is making huge investments that have already paid off in terms of lower shipping costs.