‘Unless Amazon wants to remain a bit-part player in UK grocery, an acquisition would be the likely route’

Clive Black

Amazon’s UK grocery presence amounts to a pimple on an elephant’s backside so, if it wants to grow, a deal would be the obvious option, believes Shore Capital’s Clive Black

In 2021 when asked by this fine journal what we may be chatting about in UK grocery through the 2020s, I reflected and summarised that we should always keep the global behemoth, Amazon, now a $2.4trn firm by market capitalisation, in mind.

 

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