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Amazon Signs Deal To Sell Products From UK Retailer Morrison

February 29, 2016: 12:00 AM EST
Online retailer Amazon.com Inc. agreed to sell hundreds of products supplied by UK-based grocery chain Wm Morrison Supermarkets Plc. Marking a first of its kind in the country, the deal is expected to add more pressure on an already highly competitive grocery market. UK’s retail market has been dealing with the effects of increased minimum wage and a price war caused by the expansion of discount retailers.
Paul Jarvis, "Amazon Steps Up U.K. Grocery Advance With Morrison Agreement", Bloomberg, February 29, 2016, © Bloomberg L.P.
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