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Holiday shopping in US set to accelerate

Shoppers in the US are returning to stores and splurging on all types of items, but the big question is: How much will supply shortages, higher prices and staffing issues dampen their mood this holiday season? Americans, already fatigued with social distancing policies amid the COVID-19 pandemic, might get grumpy if they cannot check off items on their holiday wish lists, or they might feel disappointed by the skimpy holiday discounts. Exacerbating their foul moods is the fact that many frustrat...
United States Neil Saunders Jill Renslow Aurelien Duthoit National Retail Federation Allianz Research

Jeff Bezos's successor as Amazon CEO, Andy Jassy, wins thumbs-up from analysts

Jeff Bezos’s successor as Amazon CEO, Andy Jassy, wins thumbs-up from analysts MarketWatch 2/6/2021 THE RATINGS GAME Many investors were shocked to hear late Tuesday that Jeff Bezos will be stepping down from the chief executive post at Amazon.com Inc. but analysts are expressing confidence about his successor, Andy Jassy. Jassy, who joined Amazon in 1997, is currently head of Amazon Web Services, or AWS. The Bezos news came packaged with Amazon’s blockbuster fourth-quarter earnings,...
Andy Jassy Neil Saunders Michael Pachter Raymond James Jeff Bezos Scott Devitt
Source: msn.com

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