business news in context, analysis with attitude

CNBC reports that Amazon is looking for as many as 15 locations in France where it can open bricks-and-mortar stores over the next two years - perhaps to open Amazon Go stores there - and also is open to establishing a partnership with an existing retailer or making an acquisition.

“According to the report, one of those approached was major French retail chain Monoprix, whose parent company is Groupe Casino. But it indicated that Casino said it ‘does not intend to sell Monoprix’.”

Amazon has not commented on the report, though it has consistently maintained that it followed the rules; it has, however, changed the way it operates and files tax returns in the EU.
KC's View: