Amazon’s attack on Aussie retailers

AmazonThe launch of a local operation by Amazon would be expected to eat into the growth of existing store-based retailers, if not actually capture some of their sales.

But a local operation could potentially do much more damage to online retailers like Kogan as well businesses like Shoes of Prey, Surfstitch and Temple and Webster, which have all struggled recently.

The Seattle-based retailer has reportedly flagged an entry date for a full-scale Australian operation of September 2017, although the ambitious plan would seem to face significant difficulties in rolling that out quickly.

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