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?”