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Reports: Amazon's Jeff Bezos to Spearhead Company Strategies, Including Grocery Expansion Plans

Reports: Amazon's Jeff Bezos to Spearhead Company Strategies, Including Grocery Expansion Plans


SEATTLE, WA
Wednesday, February 10th, 2021

Amazon shook the newswires last week when Jeff Bezos announced he will be stepping down from his position as Amazon’s CEO. As he transitions to his new role as Executive Chair, the retailer has made it apparent that Bezos will be strategically tackling Amazon’s foray into grocery.

Brian Olsavsky, Chief Financial Officer, Amazon“[Jeff] will be involved in many large one-way-door issues, as we say, one-way doors, meaning the more important decisions, things like acquisitions, things like strategies, and going into grocery and other things,” stated Brian Olsavsky, Chief Financial Officer, on the company’s earnings call.

While Amazon has been in the grocery ring for some time, this news portrays the retailer’s intent on continuing its growth in the sector, both within the states and around the globe.

Following his step down from the role of CEO, Jeff Bezos is gearing up to strategically take on Amazon’s foray into grocery

According to Ruetir, the retailer is expanding its Amazon Fresh in Milan, Italy, and the surrounding areas. Same-day shopping delivery will be extended to Amazon Prime customers in Rome and other cities before the end of the year. An additional report from KSTP.com says that the Amazon Fresh banner is setting up shop in the Twin Cities region of Minnesota.

The company hasn’t fully announced Bezos’ official role yet in Amazon’s grocery expansion plans, but Deli Market News is sure to report the latest updates as we stay on the retailer’s trail.

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