Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Britain's Morrisons creates 1,000 jobs to process Amazon orders

09/30/2020 | 04:40am EST
A Morrisons store is pictured in St Albans

British supermarket group Morrisons is creating more than 1,000 jobs to pick and pack orders for its services on Amazon, it said on Wednesday.

Morrisons said it was recruiting the additional workers to process customer orders from over 50 stores, covering most of the United Kingdom's major cities and many towns.

All of Britain's big four grocers - market leader Tesco, Sainsbury's, Asda and Morrisons - are adding capacity to their online home delivery operations to meet increased demand during the COVID-19 pandemic.

Online shopping has gone from around 7% of the total UK grocery market at the start of the crisis to about 15% currently and pure online player Ocado reckons it could reach 30% over the next few years.

Last month Amazon expanded its relationship with Morrisons so Prime members have access to its full range on the internet giant's main website.

Amazon and Morrisons have had a tie-up since 2016 and have been steadily growing their links, leading to speculation that the U.S. group could even emerge as a possible bidder for Britain's No. 4 supermarket chain.

(Reporting by James Davey; editing by Kate Holton)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -0.76% 3162.58 Delayed Quote.71.15%
J SAINSBURY PLC -2.33% 213.5 Delayed Quote.-7.13%
OCADO GROUP PLC -0.72% 2213 Delayed Quote.73.03%
TESCO PLC -0.92% 226.5 Delayed Quote.-11.25%
WM MORRISON SUPERMARKETS PLC -1.99% 174.8 Delayed Quote.-12.51%
All news about AMAZON.COM, INC.
12/04AMAZON COM : 61% of UK consumers foresee the end of the high street
AQ
12/04BOXED IN : French activists protest against Amazon's expansion
RE
12/04ORACLE : Announces Integrated, High-performance Analytics Engine for MySQL Datab..
AQ
12/04AMAZON COM : Statement of Changes in Beneficial Ownership
PU
12/04Justice Department accuses Facebook of discriminating against U.S. workers
RE
12/03Walmart, Like Amazon, to Pay Holiday Bonuses to U.S. Workers -- 2nd Update
DJ
12/03AMAZON COM : Creating a more accessible world
PU
12/03AMAZON COM : Alexa opens new doors for mobility and independence
PU
12/03WALMART : Like Amazon, to Pay Holiday Bonuses to U.S. Workers -- Update
DJ
12/03GLOBAL MARKETS LIVE: 3M, Amazon, Merck…
More news
Financials (USD)
Sales 2020 380 B - -
Net income 2020 18 068 M - -
Net cash 2020 44 305 M - -
P/E ratio 2020 91,1x
Yield 2020 -
Capitalization 1 587 B 1 587 B -
EV / Sales 2020 4,06x
EV / Sales 2021 3,39x
Nbr of Employees 798 000
Free-Float 81,7%
Chart AMAZON.COM, INC.
Duration : Period :
Amazon.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 53
Average target price 3 821,74 $
Last Close Price 3 162,58 $
Spread / Highest target 42,3%
Spread / Average Target 20,8%
Spread / Lowest Target 10,7%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Dave Clark Senior Vice President-Worldwide Operations
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMAZON.COM, INC.71.15%1 586 828
JD.COM, INC.144.93%133 739
WAYFAIR INC.164.86%23 845
ETSY, INC.249.95%19 511
MONOTARO CO., LTD.100.14%14 643
B2W COMPANHIA DIGITAL24.09%7 913