Founded by Jeff Bezos in 1994 as an online marketplace for books, Amazon has since expanded to become the world’s largest online retailer, selling electronics, software, video games, apparel, furniture, food, toys and jewellery. Retail Week provides news, features, analysis and opinion about Amazon, online markerplaces and digital innovation and technology.
Andy Burnham floated a higher business rate on warehouses to charge online giants to fund the high street support. The data shows the largest bills would fall on traditional retailers instead.
The Argos experiment is finally over at Sainsbury’s – and at a massive writedown from what the supermarket giant spent on it. Retail Week analyses what it means for Argos moving forward.
Amazon has seen a double-digit surge in its second quarter sales, exceeding $200bn.
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