Global retail e-commerce sales hit an estimated $6 trillion in 2024 and are expected to rise to nearly $8 trillion by 2028, a 31% increase over the next few years. In this market, U.S. retailers led by Amazon (AMZN) and Walmart (WMT) still lead the pack across both in-store and online shopping. Online shopping is also taking a bigger share of the total, making up over 23% of all retail purchases in 2025, and that share is expected to keep rising through the decade.
Walmart has been one of the clearest winners of this mix of physical and online retail. The company recently hit a major milestone by crossing the $1 trillion market capitalization mark, putting it in a small group that has mostly been comprised of Big Tech companies.
