Read the description of Retail Industry in Australia below and answer the following
On the day that Amazon launches in Australia, one of the country's oldest department store Myer is fighting to prevent a possible takeover after a series of shocking results. The arrival of Amazon could well be the nail in the coffin for Myer claim some analysts. Today Premier Investments' one of Myers biggest shareholders Solomon Lew is set to push for a seat on the board. Amazon who are known to have an appetite for their own retail stores after buying into Whole Foods is being tipped as a potential buyer of Myer's department stores. So couldMyer be a target for Amazon in thefuture.
Question: analysis of Amazon's business strategy with Porters 5 forces Model (Threat of new entrants, Bargaining power of suppliers, Bargaining power of buyers, Threat of substitute s and Intensity of rivalry )
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