The UK's key retail market players
Retail Gazette in the UK published a list of the region's largest retailers, with Amazon ranking number five. Amazon has been estimated to have accounted for 33.5% of all online spend in 2017, rising from 29.6% in 2016. Tesco leads at 12.5%, followed by Sainsbury’s at 6.8 %, Asda at 6.6 %, Morrisons at 4.4 % and Amazon at 4.2%. The UK continues to lead the world in terms of the percentage of retail sales transacted online. In our assessment this has to do with both: consumer culture, small distances and high population density, making deliveries more economical.