<center>https://mentormarket.io/wp-content/uploads/2019/04/Tesco.jpeg</center> <br/><h2><a href="https://www.ft.com/content/163006d0-5b92-11e9-9dde-7aedca0a081a">Is Amazon
the undoing of Tesco? Or is
Tesco doing an Amazon? (FT)</a></h2>
<ul><li>Amazon  has been trialling its grocery delivery service in the UK after its  acquisition of Whole Foods in 2017 and the argument has consistently been  made that a commitment by Amazon to the market would have a significant  impact on UK supermarkets. However, The Sunday Times argues that <strong>Tesco’s      model may be replicating that of Amazon</strong>.</li><li>Tesco’s      development of its Amazon Prime style <strong>loyalty programme could see      millions of customers take up its banking and mobile offerings</strong>. Increasing use of Pay+ and Clubcard could damage Amazon’s plans to enter the UK market.</li><li>Tesco Bank is <strong>used by 5.6m</strong> customers and <strong>its app has been downloaded by 1.2m</strong> people. Pay+ has      seen increased usage as well.</li></ul>
<h3>Analysis &amp; Comments</h3>
<ul><li>While we fully understand the thinking that Amazon is a potential threat to many retailing sectors, we have long memories &amp; hence <strong>recall a number of situations when Amazon failed.</strong></li><li>We were around when <strong>Amazon tried (&amp; failed) to dominate all sorts of retailing</strong> categories in the UK      including televisions and white goods.</li><li>Food retailing is tough, and perhaps the toughest aspect to crack is order picking and delivery. <strong>Ocado has  invested heavily to automate the process</strong> and we are unconvinced that Amazon has the appetite for that level of investment in what is for them a small(ish) market. </li><li>By contrast, Tesco has a <strong>large market share (and its club card) to build off</strong> and under the (now not so new) CEO David Lewis they are getting back on track.</li><li>Interestingly, the FT story came out just before a Mintel report “<a href="https://www.bbc.co.uk/news/business-47900669">Online shopping growth to slow?</a>“      which talked about <strong>growth slowing and a lack of interest in online food shopping among key demographics.</strong></li></ul>
<h3>Amazon Stock Price</h3>
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<p style="text-align: center;"><em>Published by <a href="https://mentormarket.io/mrcryptolemon/">Mr. Crypto Lemon</a>
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<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://mentormarket.io/stocks/mr-crypto-lemon/is-amazon-the-undoing-of-tesco-or-is-tesco-doing-an-amazon/ </em><hr/></center>    

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