Skip to main content

Mighty Amazon looks all but unassailable as Covid continues

Jeff Bezos’s company is set for sales topping $100bn last quarter, and while rivals are nibbling, its position looks secure

The earliest references to the “one-stop shop” emerged during the first decades of 20th century as the fast-growing US economy spurred rapid retail innovation. A single location for various products provides obvious benefits: removing the hassle of travelling around town to visit different stores.

Jeff Bezos redefined that logic for the internet age, making Amazon a dominant (and perhaps ambivalent) force first in selling books, and then in pretty much everything else. Before 2020 Amazon was a phenomenon, but the coronavirus pandemic has made it all but ubiquitous.

Continue reading...

from The Guardian https://ift.tt/39vqxjN
Labels:

Comments

Post a Comment

Popular posts from this blog

How Rico Lewis helped harden up Manchester City’s treble challenge | Jamie Jackson

Guardiola believes advent of the teenage talent sowed seeds of change that turned his side into champions again Mid-January, the Etihad Campus. Before Tottenham’s visit a discontented Pep Guardiola is addressing a Manchester City team meeting that includes Erling Haaland, Kevin De Bruyne, John Stones and Ederson. The champions are in second place, eight points behind Arsenal, each having played 18 games. Performances have dipped and so has the attitude of his players. The final match before the World Cup was a 2-1 home defeat by Brentford . Since the tournament, City have beaten Leeds and Chelsea, drawn with Everton and lost their previous outing , 2-1 at Manchester United. Seven points from 15 is not championship-defending form and, when being knocked out of the Carabao Cup by Southampton is factored in, Guardiola can see City’s campaign derailing. Continue reading... from The Guardian https://ift.tt/h8WjbMX
Post a Comment
Read more

Coronavirus live news: Brazil adds record 34,918 daily cases as infections surge in six US states

Beijing Covid-19 outbreak ‘extremely severe’; French police fire tear gas at healthcare protest; New Zealand cancels compassionate quarantine exceptions. Follow the latest updates Beijing travel restricted to tackle ‘extremely severe’ situation Brazil suffers record case increase Six US states see record case increases Covid-19 outbreaks in New Zealand and China highlight stark choices See all our coronavirus coverage 1.10am BST More on the rise in cases in the US now: Across the United States, 17 states saw new cases rise last week, according to a Reuters analysis. In Oklahoma, where President Donald Trump plans to hold an indoor campaign rally on Saturday, new cases rose 68%. Vice President Mike Pence on Tuesday said officials were considering other, possibly outdoor, venues for the Tulsa event. The virus spreads far more efficiently in enclosed spaces. On Tuesday, Oklahoma health officials urged anyone attending the rally to get tested for the coronavirus before arrivi...
Post a Comment
Read more

Wandsworth escape accused says it was ‘foolish’ to jail him with his ‘skill set’

Daniel Khalife, 23, says he absconded because he was ‘terrified’ of being locked up with dangerous offenders A former British soldier has told a jury he did not hand himself in after he escaped from prison because he was “finally demonstrating what a foolish idea it was” to imprison someone with his “skill set”. Daniel Khalife, 23, told the court he absconded from Wandsworth prison while on remand because he was “terrified” of being locked up with “serious sex offenders” and “terrorists” who wanted to kill him, and that he did not think his imprisonment would be in the public interest. Continue reading... from The Guardian https://ift.tt/vRZHkaw
Post a Comment
Read more