Amazon takes on supermarkets with huge growth in groceries
Amazon has launched an assault on Britain's supermarkets with a sevenfold increase in the groceries it offers online in barely two years.
The internet retail giant only launched its groceries range, which includes tea, pasta and biscuits, in July 2010 with little more than 22,000 products. However, it now offers in excess of 150,000 products, from crisps to nappies, which are typically sold in bulk, as it attempts to gobble up sales from the high street.
Allan Lyall, the vice-president of Amazon's European operations, told The Independent on Sunday: "Grocery has completely met expectations and is growing great."
Online business accounts for just £5.6bn of the UK's £163.2bn grocery market, but it is growing rapidly.
While Mr Lyall said Amazon UK has "no plans" to launch fresh food, the massive expansion of its range is likely to set alarm bells ringing at the big supermarkets and loss-making online specialist Ocado,.
Their concern will have been heightened by recent revelations that Amazon reportedly delivered revenues of £3.3bn in the UK last year but paid no corporation tax on its profits. In Europe, Amazon is based in Luxembourg for tax purposes.
Andy Street, the managing director of the retailer John Lewis, said this month that the Government must "address the Amazon problem".
Mr Lyall, who declined to comment on tax, said the first Monday in December will be the busiest online shopping day this year.
Amazon, which has eight distribution centres in the UK, received orders for more than three million items – a rate of 35 a second – over 24 hours on the same day last year.
- 1 British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
- 2 Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
- 3 Welcome to Cameroon, where drinking Baileys can lead to imprisonment
- 4 Lego breaks out of the toy box and heads for the gallery
- 5 Vogue under fire for 'Big Booty' article
British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
Jihadi John': MI5 may have identified Isis militant who killed David Haines but options limited
Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
David Haines beheading: David Cameron says Britain will hunt down Isis 'monsters' shown in video murdering aid worker
Piers Morgan attempts to save the Union by promising to go back to the US if Scotland votes 'No' to independence
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
iJobs Money & Business
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
£35000 - £38000 per annum + Benefits: Ashdown Group: Training Coordinator / Pl...
Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)
£400 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...