6 retail stocks that have a chance to overcome Amazon

It is no secret that retail stocks have struggled last year because of the threat Amazon posed to the retail industry. There have been a few retail bankruptcies already in 2017, with more to follow. However, not everything is lost. According to Seeking Alpha, there are a few retailers that still have a chance to … Continue reading “6 retail stocks that have a chance to overcome Amazon”

Amazon avoids $1.5 billion tax bill: It is OK to run sales through Europe

Online shopping giant Amazon has avoided a $1.5 billion (£1.2 billion) tax bill by winning a legal dispute in a US. The court ruled that it is OK to have paid tax on European sales through a Luxembourg sub-company. Judge Albert Lauber rejected many arguments presented by the Internal Revenue Service (IRS), bringing to an … Continue reading “Amazon avoids $1.5 billion tax bill: It is OK to run sales through Europe”

Walmart’s problem child – ASDA claims progress, but sales continue to fall

ASDA has claimed they cut prices for helping to lure shoppers back, after several years in the slump. The third biggest grocer of the UK has had that a 2.8 per cent quarterly fall in sales at outlets open at least a year – the 11th decline in a row – has been proclaimed as … Continue reading “Walmart’s problem child – ASDA claims progress, but sales continue to fall”

Happy anniversary! Amazon stock rose 49,000 percent in 20 years

According to columnists Jason Zweig, Amazon’s stock has risen 49,000 per cent, despite a 94 per cent collapse in its shares when the tech bubble burst at the beginning of this century. Amazon marked its 20th anniversary as a publicly traded company on Monday — and Chief Executive Jeff Bezos has the reason why to … Continue reading “Happy anniversary! Amazon stock rose 49,000 percent in 20 years”

Amazon lowers its free shipping threshold to strike back at Walmart

The atmosphere in the e-commerce world is heating up – after Walmart has tried to beat the Prime following with a program that offers free two-day shipping, Amazon has lowered its free shipping threshold again. Cheap shipping is one of the biggest motivations for shopping online. According to a 2016 Future of Retail study by marketing firm Walker Sands, … Continue reading “Amazon lowers its free shipping threshold to strike back at Walmart”

Amazon Prime already has 80 million subscribers that will generate impressive revenue

Amazon Prime with its growing Instant Video library, special offers, the addition of music streaming and low shipping costs is the most profitable service that the retail giant provides. However, still there is a lot of room left to grow. Despite Amazon had not told us how many people were registered as Prime members, now … Continue reading “Amazon Prime already has 80 million subscribers that will generate impressive revenue”

Amazon is coming to Australia: what does it mean for local retailers?

The last year was probably the best time in Amazon CEO Jeff Bezos career. His online shopping even started to follow Australian brands. However, experts cannot find the answer how the retail giant will affect local brands. Jeff Bezos earned the greatest revenue in 2016 and jumped high in 2017 World Billionaire List with a … Continue reading “Amazon is coming to Australia: what does it mean for local retailers?”

Hard times for retailers – JCPenney, Sears and Bebe are closing their stores

It is a pretty tough time to be in retail. After the bad news for JCPenney and Sears, another retailer Bebe Stores Inc announced the end of its long-time reign. Bebe – the newest victim Bebe said on Friday the company is going to close all its stores by the end of May. It happened … Continue reading “Hard times for retailers – JCPenney, Sears and Bebe are closing their stores”

How Elon Musk and Jeff Bezos left their all competitors behind

Even if you are not following news about Jeff Bezos, the Amazon CEO, and Elon Musk, the SpaceX and Tesla CEO, you probably noticed that in last two weeks there are much more buzz about their activity than usual. It seems like both men want to make us clear: they are the leading tech-related figures … Continue reading “How Elon Musk and Jeff Bezos left their all competitors behind”

Amazon has acquired a Middle East retailer that was valued around $1 billion

On 28th of March Amazon announced the plan to expand its activity in the Middle East. The e-commerce giant is buying the largest online retail platform in the Arab world, called Souq.com, which was valued around $1 billion. Souq.com reportedly attracts over 45 million visits per month and although Amazon today did not disclose the price … Continue reading “Amazon has acquired a Middle East retailer that was valued around $1 billion”