Monday, January 23, 2017

Amazon’s next frontier to conquer? Auto parts

Image result for auto parts businessAmazon boss Jeff Bezos, whose online behemoth is likely to become the country’s No. 1 apparel retailer this year, is setting his sights on what could be his next sector to dominate: the $50 billion do-it-yourself after-market auto parts business.

In recent months, Amazon has struck contracts with the largest parts makers in the country — including Robert Bosch, Federal-Mogul, Dorman Products and Cardone Industries, sources told The Post.

And that could be bad news for the nation’s retailers — O’Reilly Auto Parts, Advance Auto Parts, AutoZone and Genuine Parts, insiders said.. . . more

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