10 things eft’s been reading this week
All eyes on Amazon
It’s been a busy start to the year for Amazon – and that’s an understatement. On the one side the juggernaut continues, with more investments in tech companies, huge growth in warehousing space, expansion of its logistics capacity and record profits. However, they have been personal stories aimed at Jeff Bezos, its rejection from New York, questions about its tax arrangements, regulation in India, and investigations springing up in several countries. It therefore seems appropriate to focus on this giant company, its ambitions to become a logistics company, its investments and the threats to its trajectory in this week’s 10 things.
When Amazon Went From Big to Unbelievably Big. [The Atlantic]
Amazon makes clear it's now competing with shippers such as FedEx and UPS in its annual filing. [CNBC]
Amazon and General Motors are in talks to invest in Tesla rival Rivian. [CNBC]
Amazon secures London retail space for checkout-free stores - The Grocer. [Reuters]
Higher Prices Are Back at Whole Foods. [Wall Street Journal]
How Amazon made record profits in 2018. [CNBC]
Amazon looked to the past to build the future. [TechCrunch]
New York Did Us All a Favor by Standing Up to Amazon. [New York Times]
Modi Won't Let Amazon Crush India's Retailers, For Now. [Forbes]
Amazon faces probe into treatment of sellers in Austria. [Reuters]
If you want to attend the 60-minute Amazon effect masterclass workshop at the 4th Annual Retail Supply Chain Summit: New York, sign up here now.