Will Amazon destroy your business?
Potentially, if it makes good on plans to slash local prices by 30 per cent.
It’s not a stretch to say Amazon’s arrival in Australia – doors open in September – is one of the biggest things to happen to local retailing. Executives have been quoted stating it plans to "destroy the retail environment in Australia".
Its intentions to shake up supermarkets, streamline logistics operations and, presumably, propensity to buy market share by undercutting the incumbents gives it a real advantage in an already competitive market. Sydney Morning Herald – Read more…
It’s not a stretch to say Amazon’s arrival in Australia – doors open in September – is one of the biggest things to happen to local retailing. Executives have been quoted stating it plans to "destroy the retail environment in Australia".
Its intentions to shake up supermarkets, streamline logistics operations and, presumably, propensity to buy market share by undercutting the incumbents gives it a real advantage in an already competitive market. Sydney Morning Herald – Read more…
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