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Online Retailer Amazon To Overtake Wal-Mart By 2020 [Headlines]

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The shift to online purchasing means that the online retail giant could overtake its competitor as early as seven and a half years from now.

by Karen Baker
  • 9 august 2012

The former chief executive of Asda, Andy Bond, predicts that the shift to online purchasing will mean the beginning of the end for the retail giant. Though Wal-Mart’s market value runs at $252 billion (compared to Amazon’s $106 billion), the move to online retail points to challenges ahead for the physical retail industry.

The Telegraph

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