Last year Amazon got a tax rebate for making a loss while JL Oxford street is profitable and paid tax.
JL pays ~£170m in business rates (not this year though due to Covid), Amazon £63m. Business...
Type: Posts; User: guinea
Last year Amazon got a tax rebate for making a loss while JL Oxford street is profitable and paid tax.
JL pays ~£170m in business rates (not this year though due to Covid), Amazon £63m. Business...
It's impossible to recreate the Amazon experience for any legacy retailer. Amazon has the cheapest cost of capital of any company in history and they haven't needed to make a profit for decades. ...