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1.Market Observations, 8.Was Sticky

31 May 2017 (AFR,Lex) – Retailers of the world, Amazon will continue feasting on your business

(31 May 2017, AFR, p23, by The Lex Column)

‘Quake, shopkeepers of the world. Amazon will continue gorging on your business. Even as it conquers new worlds of computing and hardware, Jeff Bezos’s company still has ambitions in retail: one day the pharmacy business; the next, stores with no checkouts. Confronted with this juggernaut – on top of idiosyncratic problems – shareholders in other retail stocks have taken fright this year. ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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