Industry News
2/8/2021
David Ryder/Getty Images

Jeff Bezos' announcement that he will step down as Amazon's CEO will allow him to focus on issues such as "strategies and going into grocery," Chief Financial Officer Brian Olsavsky said during a recent call with analysts. Amazon now has eight Fresh and 25 Go stores, and some industry experts believe the company's goal is 2,000 brick-and-mortar US sites, which would include 750 Whole Foods Market stores.

Related Summaries