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A dot com disconnect and Canadian e-commerce opportunity revealed
Target and other retailers have fought unsuccessfully for years to level the e-commerce playing field in the United States by requiring Amazon.com and other online-only merchants to collect sales tax. Doing so would eliminate the Internet-pure-play retailers’ most significant competitive advantage, and for a glimpse of just how significant look no further than Canada.
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Tesco investing to boost U.K. operations
New York -- Tesco Plc will invest 1 billion pounds ($1.6 billion) to help turnaround its domestic operations. The chain will slow its international expansion as its concentrates on its home base.
Tesco, the United Kingdom’s largest retailer, will give a makeover to about 430 of its U.K. supermarkets, add more workers and expand its online offerings.