Amazon was founded in 1994 and is the world’s largest electronic and e-commerce retailer headquartered in the United States of America. Amazon sell a broad range of goods and services online direct to the consumer ranging from books, DVDs, music, furniture, electronics and even food through “Amazon Fresh” online which is now active in the UK. Amazon has also recently launched “Amazon Prime” which aims to capture the household’s online delivery needs including satellite TV.
Amazon have undertaken an aggressive expansion plan throughout Europe in recent years by taking a large amount of logistics space in the UK in order to facilitate an increased just in time delivery service to the consumer through one of the world’s most comprehensive supply chains. Amazon dominate the online retail market in the UK through a combination of several categories including, audio visual entertainment (26.50%), online books (33.23% vs Smith’s 10.30%), Music (27% vs iTunes’ 21.60%), and Video (23.60% vs HMV’s 16.80%) (source).
For further information about Amazon UK please visit their website.
Amazon occupy our Big Box asset at Kingston Park, Peterborough (below). For more information on this asset and location see Properties.