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eliben | karma 3115 | avg karma 3.05 · 2017-10-26 21:18:21+00:00

Aren't very high sales for a store expected? They don't manufacture (most) stuff - they buy it for X, sell it for X+Y%, so better economy = more consumer spending = higher sales for stores. The real key for Amazon is how good their profit margins are on these sales.

jdale27 | karma 1731 | avg karma 4.35 · 2017-10-26 21:25:37+00:00

Is the economy so much better than last year that everyone is buying 34% more stuff than they did last year?

jmknoll | karma 845 | avg karma 4.1 · 2017-10-27 00:08:46+00:00

I don't think its the economy being that much better; rather, we're seeing the fruits of mass adoption of e-commerce for everything.

Especially in the HN crowd, its easy to forget that e-commerce is still <9% of global retail. And while that number won't go to 100%, its expected to double in the next four years.

So given that number alone, we should expect a ~20% YoY increase in revenue from Amazon. 34% is still excellent, but makes a little bit more sense when you frame it in terms of overall sector growth.

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austenallred | karma 22490 | avg karma 7.52 · 2017-10-26 21:27:40

They were a store last year, too.