‘Amazon will eat our breakfast, lunch and dinner,’ says Richard Goyder

 In Australia, Coles, International, NewZealand
Wesfarmers group managing director Richard Goyder says US online retail behemoth Amazon will "eat all our breakfasts, lunches and dinners", unless Australian retailers become more innovative and barriers to competition are removed.
Mr Goyder told a retail forum in Sydney on Tuesday his biggest fear was not the competitive threat from Australian retailers, but tech companies such as Amazon, which are gearing up for a major push into Australia.
"We’ve got big competition online and through a physical presence … we are in a disruptive, disrupted world," Mr Goyder told about 450 retailers at the Retail Leaders forum. Sydney Morning Herald – Read more…

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