Amazon
This coverage examines Amazon’s operations, strategy, and influence within the UK retail market. Reporting highlights e-commerce growth, logistics and fulfilment, technology initiatives, financial results, product innovation, and leadership decisions. Focused on commercial impact and competitive dynamics, it offers insights for retail professionals navigating digital transformation and multi-channel competition.
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Jul- 2024 -12 JulySupermarkets
GCA warns Amazon it must comply with Groceries Supply Code of Practice
The Groceries Code Adjudicator (GCA) has told Amazon that it must take “swift and comprehensive” action to demonstrably comply with the Groceries Supply Code of Practice in its new 2024 annual survey. According to the GCA’s 2024 annual survey, while the number of suppliers experiencing a code issue fell from…
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9 JulyNews
Today’s news in brief-9/7/24
Amazon’s Coventry warehouse is at the centre of a groundbreaking union recognition ballot involving over 3,000 workers. If successful, this vote, set to conclude on July 13th with results expected by July 15th, could compel Amazon to negotiate with GMB Union on pay and working conditions. Concurrently, rallies are planned…
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9 JulyOnline & Digital
Over 3,000 Amazon staff to vote over union recognition
Workers at Amazon’s Coventry warehouse are set to vote in a “historic” trade union recognition ballot which will force Amazon to recognise a union for the first time in the UK. More than 3,000 workers will take part in the ballot – if a majority of them vote yes, Amazon…
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4 JulyNews
Today’s news in brief-4/7/24
The European Commission is taking a decisive step to tackle a surge in unsafe and substandard products flooding EU markets from Chinese online retailers like Temu and Shein. Concerned by a 50% increase in dangerous product reports last year, exceeding 3,400 cases, the Commission plans to scrap the current €150…
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4 JulyGovernment
EU proposes new custom duties to curb Chinese imports
The EU has reportedly drawn up plans to impose custom duties on cheap products from Chinese online retailers such as Temu and Shein in a bid to dampen a rise in what it has called “substandard items”, the Financial Times has reported. The FT reported that The European Commission plans…
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4 JulyOnline & Digital
Bezos to sell over $4bn of Amazon shares
Amazon founder Jeff Bezos is planning to sell more than $4bn (£3.2bn) of his shares in the company, as the stock hit a new record of $200.43 (£157.13) on Tuesday (2 July 2024). The news also comes after it was revealed that Bezos would sell another 25 million shares, raising…
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Jun- 2024 -19 JuneNews
Today’s news in brief-19/6/24
UK inflation has hit its target for the first time in almost three years, with consumer price inflation easing to 2% in May, down from 2.3% in April. The Bank of England last reached this target in July 2021. The Office for National Statistics attributes the decline primarily to falling…
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19 JuneNews
Amazon to invest £23m in skills training for UK employees
Amazon has announced that it is investing £23m in skills training for employees across the UK. The announcement comes as a new study by the retailer found that 61% of UK workers believe that on-the-job skills training or apprenticeships are more valuable for preparing people for work than traditional university…
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17 JuneFeatures
The power of retail loyalty programmes
In the ever-competitive landscape of UK retail, where consumer choice is vast and customer expectations are higher than ever, retail loyalty programmes have emerged as a vital strategy for businesses looking to thrive. These programmes, which reward customers for their continued patronage, have become a cornerstone of modern retailing, providing…
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7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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