Original article by Eli Greenblat
The Australian – Page: 17 & 20 : 20-Apr-17

US-based e-commerce group Amazon will expand its presence in Australia over the next several years, with a focus on low prices, fast deliver times and a wide range of merchandise. A new report from Morgan Stanley notes that Amazon already boasts annual sales of $A1bn in Australia, while some retail analysts believe that local retailers’ earnings could be slashed by around 50 per cent if Amazon opts to offer a full service in Australia. Amazon has commenced the process of recruiting a local CEO, while it is also scouting potential locations for distribution warehouses.

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