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.
Amazon’s big UK investment announcement was welcome but it’s not the only retailer backing Britain. After the punishing autumn Budget, the industry’s contribution should be better recognised in Westminster, says Retail Week executive editor George MacDonald
Onine goliath Amazon has revealed that it will invest £40bn in the UK over the next three years, which it said would create thousands of jobs – primarily outside London and the South East.
If you were to increase your prices overnight, how might your customers react? Thanks to data from Kantar’s Pricing Power division, Retail Week can reveal what the consequences for 10 retailers could be if they were to do just that
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