Ecommerce at Top 1000 mass merchants grows 17.1% in 2021
Mass merchants in the 2022 Digital Commerce 360 Top 1000 grew online sales to $491.89 billion. That’s up 17.1% from $419.97 billion in 2020. Total sales rose as well. They increased to $1.55 trillion in 2021. That’s up 11.3% from $1.39 trillion the prior year.
Mass merchants grew faster than the Top 1000 as a whole. The Top 1000 overall rose 15.7% to $1.03 trillion from $876.22 billion last year. There are 51 retailers in the Top 1000 selling a such wide array of products that they can’t be put into a single category.
Amazon.com Inc., the largest company in the Top 1000, leads this category far and away. However, Target continued its march up the ranks to catch up to third-place Walmart, outpacing Amazon in ecommerce growth. Costco was among the fastest growers in the category, gaining nearly 40% in 2021 as its same-day delivery partnership with Instacart continues to let it compete with Target’s Shipt platform.
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