Jeff Bezos
This coverage examines Jeff Bezos’ influence on the UK retail sector through Amazon’s strategic initiatives. Reporting highlights the impact of Amazon’s market entry, e-commerce innovations, customer-centric approaches, and technological advancements on UK retail operations. It also explores Amazon’s ventures into physical retail spaces, such as Amazon Fresh and Amazon Go, and their implications for the broader retail landscape. This analysis provides retail executives, strategists, and professionals with insights into the transformative effects of Bezos’ leadership on retail business models and consumer expectations.
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Oct- 2019 -25 OctoberAdvice
How retail businesses can reduce electrical consumption
Energy remains one of the largest in-store operating costs for UK retailers; and with electricity prices in particular continuing to rise, an increasing focus on decarbonisation and expectations for businesses to be more environmentally responsible, pressure is more intense than ever for the sector to meet these challenges head on.…
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25 October
Amazon Q3 profits fall 25% amid rising shipping costs
Online retail giant Amazon has reported a 25% fall in Q3 net income to $2.1bn (£1.6bn) despite a 24% increase in sales to $70bn (£54.5bn), as rising shipping costs dented its bottom line. For the three month period ending 30 September Amazon said its shipping costs surged 46% to $10bn…
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Aug- 2019 -16 AugustComment
The case for personalisation
From the dawn of modern consumerism offering a personal touch was a key differentiator for high-quality retailers and service providers keen to set themselves apart from the rest. Remembering client names, previous purchases or children’s birthdays added that ‘je ne sais quoi’ that bonded retailer to customer. It fostered loyalty,…
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May- 2019 -29 MayOnline & Digital
MacKenzie Bezos to donate half of her $37bn fortune to charity
MacKenzie Bezos has announced she will donate half of her nearly $37bn (£29bn) fortune to charitable causes. It comes after the announcement of her divorce with Amazon founder Jeff Bezos in February of this year, after a 25-year marriage. In April Jeff agreed to an eye-watering divorce settlement of around…
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Nov- 2018 -23 November
Amazon UK warehouse workers to protest across Black Friday
Hundreds of Amazon warehouse workers are expected to demonstrate at the online retail giant’s warehouses in Rugeley, Swansea, Peterborough, Milton Keynes and Warrington this Black Friday. GMB, the union for Amazon workers, helped organise the Black Friday protests across the UK in anger at what it calls “inhuman conditions” staff…
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Oct- 2018 -26 OctoberOnline & Digital
Amazon shares fall despite posting record profits
Online retail giant Amazon has posted record profits for Q3 in its latest financial results for the period ending 30 September 2018. Despite the company reporting its net income had increased to $2.9bn (£2.3bn), its shares fell by 9% as its sales and sales forecast came in below Wall Street…
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3 OctoberOnline & Digital
Amazon bows to pressure, boosts wages for US and UK staff
Amazon has increased the minimum wage for US staff to $15, after founder and CEO Jeff Bezos said he had “listened to our critics” and “thought hard” about his firm’s response to sustained criticism about its pay levels. Bezos’ announcement means more than 250,000 US and 17,000 UK staff, as…
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Jul- 2018 -27 July
Amazon announces ‘record breaking’ profits for Q2
Amazon has announced that during its second quarter ending June 30, 2018, its net sales increased by almost 40% to £39.6bn. Amazon also announced that net income reached $2.5bn (£1.9bn) breaking the $2bn barrier for the first time. Operating income increased to $3bn, compared with operating income of $628m (£479m)…
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May- 2018 -31 MayOnline & Digital
40% of independent Amazon shareholders oppose Bezos ‘being his own boss’
Over a quarter of Amazon shareholders have voted in favour of a resolution filed by SumOfUs calling on the company to separate Jeff Bezos joint roles of CEO and chair of the board. At an annual general meeting shareholders argued that “Bezos shouldn’t be his own boss”. Due to the…
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8 MayOnline & Digital
Amazon shareholders seek to dilute Bezos’ power
Amazon shareholders have submitted a shareholder resolution calling on the company to separate the role of CEO and chair of the board. The shareholders represented by SumOfUs, an international consumer group, want Amazon’s current billionaire CEO and founder Jeff Bezos to step down as chair of the board. Their request…
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