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Amazon reportedly could grab 10% of retail sales by 2020

May 8, 2018

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By several measures, Amazon is a juggernaut, with 100 million Prime members locked in globally and net sales that in the first quarter rose 43% to $51 billion.

But that doesn’t mean that the e-commerce giant is unstoppable, especially when it comes to retail. In fact, Nick Egelanian, president of retail development consultants SiteWorks International, believes that Telsey analysts are off in their estimation by some 80% to 90%.

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