date:May 09, 2014
oyalty points to buy everything from mortgages to grapes from the Cheshunt, England-based retailer.
I see competition emerging from non-traditional retailers and I watch all of them, Clarke, 54, said in an April interview. Ive always been impressed with Amazon and their execution.
Clarke, who has presided over three years of annual stock declines, invested 550 million pounds ($931 million) last year into the online endeavor. Thats almost triple the amount he plans in price cuts to lure more cu