F&B

72% of CoD are Rs. 2,000 notes: Zomato jokes

Roastea opens at Palladium Ahmedabad

Burger King awaits Spiderman

Vijay Deverakonda creates signature dish at Cream Stone

Barista opens 25th cafe in Sri Lanka

Pizza Hut launches AI powered mood detector

E-Commerce

FirstCry opens 8,000 sft store – largest in India
Babycare

FirstCry opens 8,000 sft store – largest in India

April 1, 2023
Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues
E-Commerce

Flipkart spent Rs. 15,020 Cr to earn Rs. 10,476 Cr in revenues

December 15, 2022
Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x
E-Commerce

Big Basket spent Rs. 1.10 to earn Re. 1 in FY 21-22; Losses climb 4x

October 11, 2022
Vinod launches 100% Virgin Aluminium Cookware
Indian Ecomm

Vinod launches 100% Virgin Aluminium Cookware

January 21, 2022
No Result
View All Result
Sunday, May 28, 2023
  • Login
Retail Updates
  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Movements
      • People
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Specialty Retail
    • Airports
      • AAI Airports
      • PPP Airports
      • International Airports
    • Travel Retail
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Beauty Services
    • Babycare
    • Liquor
    • CDIT
    • Grocery Retail
    • Pets & more
    • Home Improvement
    • Kidswear
    • Books
    • Athleisure
    • Pets & more
    • Leather
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note
Retail Updates
No Result
View All Result
Amazon’s new CEO takes over on the company’s 27th Anniversary

Amazon’s new CEO takes over on the company’s 27th Anniversary

by Editor
June 9, 2021
in Amazon, Corporates, E-Commerce, Global, USA
Reading Time: 2 mins read
0

The world;s richest man, Jeff Bezos and Founder of Amazon Inc. had annouced in Feb. ‘21 that he will step down from an operational role to become the Executive chairman to focus on his other passionate areas including Space Travel, driverless vehicles and his newly acquired “The Washington Post” media outfit among others.

He had annouced that , Andrew R Jassy, CEO of Amazon Web Services (which owns and runs Amazon Cloud services among others) will be the incumbent.

YOU MAY ALSO LIKE

ABFRL reports 53% YoY revenue growth

Starbucks Oleato™ Arrive in the UK

Now, it has been annouced that Andrew will take over on 5 July 2021 due to sentimental reasons, for that’s the day Amazon was founded, Bezos said during a shareholders meet on 2 Jun. ‘21.

Andrew takes over the helm of affairs perhaps during one of the most exciting times for e-commerce due to the Covid-19 pandemic which has changed shopping habits across a cross section of people worldwide. Today, more consumers are preferring to shop online by choice, for fear of getting infected when they step out to buy non-discretionary items such as grocery & household products.

E-commerce adaptation has been the fastest worldwide during the year 2020 and in countries like India where traditional offline sales has been over 95%, this is a golden period for the most valuable company on Earth to catapult it’s revenues, profits as well as to show it’s “real value” to consumers beyond it’s paper valuation. Interesting times ahead for Amazon & Andrew.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Skype (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Like this:

Like Loading...

Related

Tags: Amazonecommercejeff bezoskiranasonlinepopularshopping
ShareTweet

Related Posts

ABFRL reports 53% YoY revenue growth
Aditya Birla

ABFRL reports 53% YoY revenue growth

May 22, 2023
Starbucks Oleato™ Arrive in the UK
Coffee

Starbucks Oleato™ Arrive in the UK

May 19, 2023
Starbucks India’s Picco to please local needs
Starbucks

Starbucks India’s Picco to please local needs

May 15, 2023
W, Aurelia, have a new home with Birlas
Aditya Birla

W, Aurelia, have a new home with Birlas

May 11, 2023
Starbucks offers Buy 1 Get 1 offer
Coffee

Starbucks offers Buy 1 Get 1 offer

May 8, 2023

Specialty Retail

Just Watches acquired by Timex
Watches

Just Watches acquired by Timex

by Editor
May 25, 2023
0

Just Watches, a retail chain from Mumbai with over 75 stores has been acquired by US-based TIMEX group

Read more
Kalyan Jewellers crosses Rs. 14,000 Cr annual revenues

Kalyan Jewellers crosses Rs. 14,000 Cr annual revenues

May 24, 2023
Lifestyle celebrates 100th store “landmark”

Lifestyle celebrates 100th store “landmark”

May 18, 2023

FMCG & Grocery

ITC Foods expands millet portfolio

Bira91 partners with Mumbai Indians

D2C brand Masqa launches new range of chocolates

Entertainment

NY Cinemas opens in Guwahati
Multiplex

NY Cinemas opens in Guwahati

by Editor
May 15, 2023
0

Bollwood actor Ajay Devgn owned NY Cinemas, the multiplex chain has opened its cinema at Assam. The facility is located...

Read more
PVR Cinemas admits reduce in Q3 compared with 2019

PVR Inox launches special shows for Re.1/-

April 20, 2023
PVR opens at Chennai Airport

PVR opens at Chennai Airport

March 9, 2023

Search

No Result
View All Result

Who We are…

Retail Updates strives it’s best to curate the latest in the world of Retailing from across the world and offers insights and analyses.

  • FMCG
    • FMCG Food
      • Indian FMCG – Food
      • Regional FMCG – Food
      • StartUps FMCG – Food
      • International FMCG – Food
    • FMCG Non-Food
      • Indian FMCG Non-Food
      • Regional FMCG Non-Food
      • Startups FMCG Non-Food
      • International FMCG Non-Food
  • Fashion
    • Luxury
    • Womens’
    • Menswear
    • Innerwear
    • Accessories
      • Cosmetics
      • Eyewear
      • Footwear
      • Leather
      • Personal Care
      • Watches
      • Wearables
  • F&B
    • QSR
    • Traditional
    • Cloud Kitchens
  • E-Commerce
    • Amazon
    • Indian Ecomm
    • Services
  • Malls
    • Mall Chains
    • Standalone Malls
  • International
    • USA
    • Singapore
    • China
    • Middle East
    • SE Asia
    • Europe
    • Oz & Nz
    • SouthAm
  • Entertainment
    • Cinemas
    • Multiplex
    • OTT Platforms
    • Theme Parks
    • Others
  • Retail Tech
    • Digital
    • Retail AI
    • PoS S/w
    • Payments
    • Credit Cards
    • Crypto
    • Tech Delivery
  • Cities
  • Corporates
    • Industry Info
    • Movements
      • People
    • Global
      • Apple
      • Nestle
      • Walmart
      • Starbucks
      • Shell
    • Indian
      • Aditya Birla
      • Arvind Fashions
      • Future Group
      • Reliance
      • Tata Group
      • Shoppers Stop
      • ITC
      • HUL
      • Marico
      • Britannia
      • Dabur
      • Patanjali
      • Reckitt
      • Colgate
    • Listed Cos.
  • Specialty Retail
    • Airports
      • AAI Airports
      • PPP Airports
      • International Airports
    • Travel Retail
      • Metro Rail
      • Railways
      • Highways
    • Auto Retail
      • 2W
      • 4W
      • EVs
      • Fuel Retail
    • Beauty Services
    • Babycare
    • Liquor
    • CDIT
    • Grocery Retail
    • Pets & more
    • Home Improvement
    • Kidswear
    • Books
    • Athleisure
    • Pets & more
    • Leather
  • Opinions
    • Blogs
    • Videos
    • Interviews
    • Lockdown Impact
    • Editor’s Note

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
 

Loading Comments...
 

    %d bloggers like this: