Grocery will remain a priority for Jeff Bezos in his new role

摘要

JEFF BEZOS' TRANSITION FROM CHIEF executive officer of Amazon.com, Inc. to executive chairman in the third quarter of fiscal 2021 will allow him to "be involved in many large one-way-door issues" and to lead important decisions around Amazon's overall strategy, acquisitions and "going into grocery," the company said. The fact Mr. Bezos and Amazon continue to make grocery a priority underscores its ongoing importance to the world's largest online retailer and shows further dramatic changes to the marketplace may be on the way.The comment about "going into grocery" came during a Feb. 2 conference call to discuss the company's fiscal 2020 earnings, and those results were dramatic. For the year ended Dec. 31, Amazon.corn's net income totaled $21.3 billion, equal to $42.64 per share on the common stock, an 84% increase from the year prior when the company earned $11.6 billion, or $23.46 per share.