RetailNet Group has updated its forecast for Amazon based on the latest quarterly results and finds that Amazon is on track to become the number three retailer in the world by 2016.
Amazon continues to surprise upward on sales growth, but even with trimming the annual rates, this retailer is on track for significant scale and impact in almost every market it plays in.
For more on this see RetailNet Group's Connected Blog - Insights for Digital Retail at Connected.RetailNetGroup.com
RetailNet Group will be hosting a webinar on Friday May 4th at 12PM EDT to review its Global 100 Ranking report and Amazon's new place in the world. To Register go to http://newsletters.retailnetgroup.com/acton/form/1474/0032:d-0001/0/index.htm
You can also subscribe to RetailNet Groups Retail Strategy Alert: Saturday Morning Must Read List from RNG's home page at www.RetailNetGroup.com
Tim O'Connor | Vice President
RetailNet Group, 1000 Winter Street, Waltham, MA 02451
Cell: (203) 733-0506 | Main Office 781.522 6787 | CT Office 203 664 1008
www.RetailNetGroup.com Twitter: @TimOC_RNG
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.