Retail
February 9, 2021
What is next for Amazon’s ecommerce business? Image credit: Amazon
By Sarah Ramirez
With a new chief executive taking the helm at ecommerce giant Amazon later this year, future changes at the company are likely to have ripple effects across the luxury and retail industries.
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","iv":"dc5a0fc6878ff3f7f23aa5e507340c9a","s":"38b677a99a5238c7"}
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