Read the memo: Amazon's grocery boss details restructuring, says more ‘deliberate' strategy needed [CNBC]
TESCO PLC S/ADR (TSCDY)
NASDAQ:AMEX Investor Relations:
tescoplc.com/investors
Company Research
Source: CNBC
The company said it's closing its Fresh supermarket and Go convenience store chains. Buechel announced other restructuring moves in a memo to employees. In this article An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, Washington. David Ryder | Getty Images Amazon 's top grocery executive told employees in a memo on Tuesday that the online retailer needs to make more “deliberate choices” in order to win over customers. The company announced a major shift in its grocery business that involves shuttering its Fresh supermarket and Go convenience chains. Some of those stores will be converted into Whole Foods locations. Jason Buechel, Amazon's vice president of Worldwide Grocery and Whole Foods CEO, told staffers that the company's grocery business “delivered strong results” last year, but that it has to make some changes to its strategy to “build on this momentum.” Buechel said Amazon is moving its grocery
Show less
Read more
Impact Snapshot
Event Time:
TSCDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSCDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSCDY alerts
High impacting TESCO PLC S/ADR news events
Weekly update
A roundup of the hottest topics
TSCDY
News
- United Kingdom B2C Ecommerce Business Report 2025-2029: Amazon Leads General Merchandise, Tesco, Sainsbury's, Ocado Retail, and Asda Scale Fulfilment; Temu and Shein Accelerate App-Led Growth [Yahoo! Finance]Yahoo! Finance
- Day & Nite Family of Companies Announces Strategic Partnership with Alvarez & Marsal Capital and Merger with AmeriServe [Yahoo! Finance]Yahoo! Finance
- Tesco (OTCMKTS:TSCDY) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Asda to axe managers after Christmas disaster [Yahoo! Finance]Yahoo! Finance
- Barrows Connected Store Appoints James Hay as Global CEO [Yahoo! Finance]Yahoo! Finance