A Blow for Amazon Grocery as Boss Steps Down

Tony Hoggett, a key figure in Amazon's grocery expansion, has stepped down as senior vice president of worldwide grocery stores. His departure comes after nearly three years at Amazon, during which he oversaw significant changes in the company's grocery strategy.Hoggett, a former Tesco executive, joined Amazon in 2021 with the aim of revamping the company's grocery business and expanding its physical retail presence. He closed down Amazon's non-food retail storefronts and focused on expanding the Amazon Fresh grocery chain, opening new stores and introducing a second-generation store design. His departure is a major setback for Amazon Grocery, raising questions about the future direction of Amazon's grocery business.

Under his leadership, whilst there were some significant developments; they have not captured more share of the market which was expected as they expanded into physical retail. While Hoggett has expressed optimism about the company's progress, his exit may signal a shift in strategy or a reassessment of the company's grocery ambitions.