Tag Archives: Amazon

Amazon discounts other sellers’ products as retail competition stiffens

Amazon

(Source: Reuters | November 6, 2017) Amazon.com Inc is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the holiday season approaches. The retailer has been trying ...

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Online retail grocery in South East Asia : Alibaba or Amazon?

(Source: Entrepreneur.com)

(Source: Retail in Asia | October 25, 2017) In South East Asia, online retail grocery is growing as an increasing number of Singaporeans prefer to do their shopping online. “It is getting better and better,” said Mr Vikram Rupani, president of RedMart, an online grocery company based in Singapore that is part of Alibaba‘s push into the region, “but it’s ...

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Alibaba one-ups Amazon by building a mall for retailers

0508alibaba

(Source: Retail Customer Experience | October 9, 2017) While Amazon will tear down a mall to build a distribution center, Alibaba is actually building a new mall for retailers. Clearly, the transformation of retail is much more than Amazon, and more than the shift from stores to online. Alibaba’s construction of a retail mall is clear sign that future “retail” ...

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Amazon to become Americans’ favorite clothing store

Amazon

(Source: Retail in Asia | October 19, 2017) Amazon is becoming the go-to place for Americans to buy clothing. In a new survey by Alphawise, a research arm of Morgan Stanley, said that 69% of people bought clothing on Amazon over the last six months. The results show a growth of 10% from a year ago, when 59% said they ...

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Amazon buys into India’s Shoppers Stop

shoppersstop

(Source: Inside Retail Asia | September 25, 2017) Amazon has bought a 5 percent stake in Indian department store chain Shoppers Stop. Local analysts herald the investment as a step towards the US e-commerce giant gaining a foothold in the brick-and-mortar sector to help build online-offline alliances and build its brand. The purchase price is believed to be about Rs180 ...

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Amazon’s Wholefoods takeover gets regulatory green light

07-10 Amazon to Acquire Whole Foods for $13.7 Billion in Cash

(Source: Inside Retail Philippines | August 24, 2017) Amazon’s Wholefoods takeover has received regulatory approval, clearing the way for the biggest retail deal of the year to proceed. The Federal Trade Commission, charged with ensuring business acquisitions do not impact customer choice, has given the green light to the US$13.7 billion deal,  shortly after Whole Foods shareholders voted in favor ...

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Australia: Amazon pushes further into APAC with new warehouse

Amazon

(Source: Techwire Asia | August 3, 2017) Melbourne is soon to be home to Australia’s very first Amazon warehouse, the next stage in the e-commerce giant’s strategy to penetrate the Asia Pacific region launched soon after its Prime Now service began operations in Singapore. Amazon will open its warehouse three months after the Amazon Marketplace went online. Marketplace sells advertising ...

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Amazon Korea could crash, say experts

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(Source: Inside Retail Asia | August 1, 2017) As Amazon Korea gears up, analysts are tipping it will take the same path as Wal-Mart in South Korea: failure and withdrawal. It is expected it will not have a big impact on the retail industry, reports Business Korea. Amazon Korea has hired dozens of full-time employees, including marketing, sales, and e-commerce ...

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Target CEO unfazed by Amazon-Whole Foods deal

Target CEO Brian Cornell  (AFP PHOTO / Robert LEVER/Manila Bulletin)

(Manila Bulletin/AFP | July 19, 2017) US retail giant Target’s chief executive Brian Cornell played down Amazon’s massive deal to acquire grocery chain Whole Foods, arguing that it “validates” his company’s business model. “It wasn’t a surprise that that deal took place,” Cornell told a forum at the Fortune Brainstorm Tech conference in Aspen, Colorado. “It really validates what we’ve ...

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Amazon to Acquire Whole Foods for $13.7 Billion in Cash

07-10 Amazon to Acquire Whole Foods for $13.7 Billion in Cash

(Source: Fung Global Retail & Tech) On June 16, Amazon announced the signing of a definitive agreement to acquire Whole Foods Market for $13.7 billion in cash, which includes the assumption of roughly $1 billion in Whole Foods’ net debt. The two companies’ statement included few details. Whole Foods CEO John Mackey said that the deal represents an opportunity for ...

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