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Amazon’s growth has created “a lot of challenges, and I spend a lot of my time on the challenges,” said Seattle?City Councilmember Mike O’Brien. “But it’s important to remind myself that the absence of Amazon would provide a whole host of challenges that I’m not prepared to deal with. The net [effect] is a good thing.”

Amazon’s refreshed Fire 7 tablet

Among other Seattle-area tech moguls, Jeff Bezos rose to No. 11 on the list, at .2 billion, up from .1 billion last year.

Amazon’s worldwide employment?exceeded?306,000 people in the third quarter, but the report found that the company is responsible for?149,000 more lost retail jobs than it has created in its distribution warehouses. The report claims Amazon’s growing dominance has caused more than 135 million square feet of brick and mortar retail space to become vacant, or an equivalent of 700 big box stores and 22,000 main street businesses closing.

Amazon’s plans to establish a physical presence where customers can pick up packages appears to be spreading beyond our borders. Retail Week reports that the online retailer has entered into an agreement to put the locker system — which looks identical to the one we recently saw at a 7-Eleven store in Seattle’s Capitol Hill neighborhood — at shopping centers in the U.K.