http://www.smh.com.au/business/prope...20-gvoka6.html
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WAREHOUSE categories will be destroyed, they will be left with big half empty stores there is no way they will be able to compete against amazon - they do not have the buying power of amazon.
AMAZON HAVE STATED THEY WILL DESTROY YOU and anyone else that gets in the road.
Warehouse imo is a poor illustration of a potential buyout for Amazon as the Warehouse do not own their properties, which they have sold off over past years to bolster earnings in order pay shareholder dividends, in lieu of real earnings for many years. The owners of the properties, that the Warehouse now lease, are a better prospect for the likes of Amazon who require large footprint distribution centres. But I don't think any of the Warehouse leases would come close to the 'really large footprint' distribution centres that Amazon would be looking at.
I was just last night thinking the NZ market is too small to set up in and they would just send from Australia. Cost of shipping may take the edge off the keen prices though.
One can buy stuff via EBay from Hong Kong and China now and have them shipped to NZ for less than NZ$5 a parcel!
Example - Lego set which costs $65 at Warehouse and Farmers can be bought online for $35 plus $5 PP. Simply a matter of setting up an account.
Requires a bit of forward planning as shipment can take up to 3 weeks to arrive so will not suit impulse purchases.
They dont need to come to NZ everyone will go to them in Australia cause it be cheaper even with shipping cost
included.
Retailers Are Going Bankrupt at a Record Pace
https://www.bloomberg.com/news/artic...-a-record-pace