How mighty will Amazon be after the pandemic?

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This week’s results may presage a future of choosier shoppers, resurgent competitors and tougher regulation

of up to £3,000 before Christmas to attract staff, as well as offering more than £11 an hour in some parts of the country – three pounds more than the current minimum wage.

At Amazon, difficulties prompted a disappointing performance in the three months to the end of September when the company. Another fall is expected for the Christmas quarter. Michael Pachter, an analyst at Wedbush, says: “Industry-wide shortages in shipping containers, truck drivers, and readily available ports likely impacted delivery times and caused strain for many orders as shipping container [rates] surged from under $2,000 before the pandemic to over $20,000 with multi-week delays.”

Meanwhile, Amazon has opened about 15 of its “just walk out” till-less grocery stores in the UK, but it is already facing a challenge in this area from Tesco and Aldi – and plenty of competition from regular local convenience stores. A tie-up with Sainsbury’s, which is using Amazon technology to power its just-walk-out store, may suggest a more lucrative way forward.

 

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