Amazon poses a double threat to Australian retailers
- Written by David Bond, Senior Lecturer, Accounting Discipline Group, University of Technology Sydney
Amazon is a low-margin retailer sitting on other higher-margin businesses.shutterstockE-commerce giant Amazon has struck a deal to acquire Whole Foods Market, an American supermarket chain with more than 400 stores. The move has put even more pressure on Australian retailers as Amazon sets up shop in Australia.
But the real threat to Australian...
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