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Amazon sets the supermarkets in its sights

19 June 2017

Well, I think we all knew this was coming. It felt like only a matter of time before Amazon decided to focus its sights on the grocery business. What does this mean for the supermarkets operating in the UK? Well the stock market’s reaction probably tells you all you need to know. In my view, I don’t think it matters that most of this activity is currently in the US. Whole Foods may only have nine UK outlets (for now) but this is likely to be a very useful platform for Amazon going global in this sector. That said, let’s take the opportunity to look at one positive in all this noise. This is an online retailer seeing the need for bricks and mortar in an increasingly online world. So let’s not throw out the rule book just yet...

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