Amazon has released plans to deck out its employees with wrist tracking devises to monitor performance. So far the tracking bands have warranted a much-deserved mixed result.
As part of a recent feature series on Amazon's Australian launch, our panel of retail experts - Massey University’s Professor Jonathan Elms; Sell Global’s Hamish Conway and Retail X’s Juanita Neville-Te Rito – each offered detailed advice on how retailers should adapt their offering to be more resilient against the Amazon effect.
If there's one word that strikes fear into the heart of many Kiwi retailers, it's "Amazon". This massive global business has enormous scale; a turnover nearly two and a half times that of the entire New Zealand retail sector; and a share price of nearly NZD$1,400.
Online sales are up by 16 percent year on year, and with Amazon setting up across the Tasman, these numbers can only be expected to increase. So, as Kiwi verandahs receive more and more goods, how can we make sure that shoppers’ online orders are not intercepted by package-stealing porch pirates?
After a soft launch last week, Amazon has officially opened its website to Australian and New Zealand customers. But are shipping costs and waiting periods worth it for Kiwi customers?