The US is regarded as having the most developed online retail market in the world and is a leader in eCommerce. Over $1 trillion in yearly retail sales in the US, or 13% of the whole retail business, and $5 trillion globally, are attributed to the eCommerce segment. Some of the major eCommerce businesses, including Amazon, eBay, and traditional shops like Home Depot, are driving this enormous expansion. Here is a ranking of the top US eCommerce businesses based on online sales.
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Amazon
eBay
Apple
Walmart
Ikea
Kroger
Best Buy
Home Depot
- Amazon
Having been established in the US in 1994, Amazon is now without a doubt the global leader in the retail industry. The platform began as an online bookstore before expanding to sell a variety of goods, including toys, jewellery, electronics, clothing, video, furniture, and food.
With a staggering 2.1 billion visits in the US in January 2022, Amazon’s total monthly visits in this market are over 3.3 times larger than its closest rival, eBay. Similarly, Amazon’s US eCommerce market share (41%) is roughly ten times greater than eBay’s (4.2%) in terms of market share.
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- eBay
eBay is one of the largest online marketplaces and a pioneer in the eCommerce industry. Its online auction platform enables both individuals and companies to sell products directly to customers.
Starting off modestly in 1995, eBay quickly grew to include more than 20 nations and organised the sale of goods in a variety of categories, including electronics, clothes, cars and other vehicles, home and garden furnishings, sports equipment, and toys.
- Apple
The company’s online store, Apple.com, which is run by Apple, Inc., produces eCommerce net sales primarily in the United States as well as in Greater China and Japan.
In terms of product selection, apple.com is particularly strong in the area of consumer electronics and in the media sector.
- Walmart
The biggest retailer in the world, Walmart runs a number of grocery stores, hypermarkets, and department stores.
Walmart is a market leader in the US with over 442.4 million visits in January 2022. Through subsidiaries, it is also operated in Canada, Mexico, and a number of other nations.
Walmart’s sales rose from $369.96 billion in fiscal 2021 to $393.25 billion in fiscal 2022, a 6.3% rise.
- Ikea
IKEA is a well-known home furnishing retailer that has grown leaps and bounds since its inception in 1943.
During the past year, the retailer has been able to grow its sales and eCommerce business to 12.966 million U.S. dollars.
Ikea’s eCommerce share of sales also increased from 18% to 30% due to measures such as the retailer transforming its stoes to serve as fulfillment points, revamping its website, and continuing its rollout of the Ikea app.
- Kroger
Launched in 1883, Kroger began investing in online grocery many years prior. In 2018, the brand formed a partnership with UK-based tech company Ocado to improve the efficiency with which online grocery orders are fulfilled.
The partnership aimed to use automation and AI technology to better fulfill online grocery orders. Most Kroger customers today enjoy pickup and delivery options, and the retailer is expanding its partnership to develop additional fulfillment facilities and robust in-store technologies.
- Best Buy
Another US retailer with a lengthy history dating to the 1960s is Best Buy. Best Buy began as a retailer of consumer electronics, but it quickly developed into a prominent brand with a number of physical locations around the country, as well as in Canada and Mexico.
Customers may now choose from a wide variety of goods offered by the eCommerce behemoth, including electronics, home appliances, travel, furniture, fitness, baby products, etc.
- Home Depot
With more than 2,200 locations nationwide, The Home Depot is the biggest retailer of hardware and home improvement products in the United States.
The variety of products sold by Home Depot includes building supplies, tools, furnishings, equipment for the home and garden, and related services. Additionally, Home Depot has operations in nations like Canada and Mexico.
