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1.Market Observations, 8.Was Sticky

9 Jan 2017 (AFR) – Amazon kills US retail en route to Australia

(9 January 2017, AFR, p15, by John Kehoe)

‘As Amazon prepares to expand into Australia to compete against bricks and mortar retailers, the American e-commerce behemoth is destroying traditional retailers in the United States. In the wake of Amazon’s sales dominance during Christmas season, leading US retailers are slashing thousands of jobs, shutting hundreds of stores and suffering plunging share prices.’

Read more at (might need AFR login access, or try:


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