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Home » Here's What CEOs Are Saying About Amazon's Plans for Domination

Here's What CEOs Are Saying About Amazon's Plans for Domination

November 8, 2017
Bloomberg

Real estate investors want to know how developers are positioning to lure the online behemoth’s planned second headquarters. Drugstores and pharmacy-benefits managers see Amazon as either a natural collaborator, a non-threat or, in one case, a copycat. Even amusement park operators have felt the need to address the 800-pound gorilla in the room.

The following comments were collected by Bloomberg from recent earnings calls and industry summits.

James Beer, chief financial officer, McKesson Corp., the world’s largest drug distributor:

“We were Amazon before it was cool to be Amazon.”

Jim-Reid Anderson, chief executive officer, Six Flags Entertainment Corp.:

“Understand that our team is deeply committed to our long-term strategy of building lasting memories for our guests and value for our shareholders. With our Amazon-proof business, strong recurring revenue, high-margin, solid growth opportunities and attractive growing dividends, I know of no better place to invest.”

Christopher Bischoff, senior investment director, Kinnevik AB, a Stockholm-based technology-investment company:

“Amazon is a big player, so anywhere they move in, it will have an impact probably. In Sweden, the online penetration is also such that it would probably have an impact. I haven’t thought about them. I am not trying to quantify the risk of it, but I see that there would probably be an impact.”

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KEYWORDS Business Strategy Alignment consumer packaged goods E-Commerce/Omni-Channel Global Supply Chain Management Retail SC Security & Risk Mgmt
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