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grocery

3 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Jan 2, 2019 by Jeff Jordan · across every show →

Everything said about grocery, oldest first

Jan 2, 2019 neutral
Assertion Supported
Grocery remains almost completely untapped by e-commerce
“Grocery is one of the last categories standing for the analog you know, brick and mortar business. Grocery has been almost Completely untapped by the digital revolution in commerce.”
Jeff Jordan Jan 2, 2019 ▶ 4:33 a16z Podcast | People Marketplaces Take On One of the Last Great E-Commerce Opportunities: Groceries
Jan 2, 2019
Assertion Partly supported
Grocery is the single largest retail category in the U.S.
“It's actually the single largest category of retail in according to the department of commerce in, in the United States.”
Jeff Jordan Jan 2, 2019 ▶ 12:26 a16z Podcast | People Marketplaces Take On One of the Last Great E-Commerce Opportunities: Groceries
Feb 26, 2019
Assertion Partly supported
Caldbeck: Grocery operates on thin 2-3% net margins, limiting tech disruption
“Grocery today, two, three percent net margin business. That's hard to strip out a lot of costs from that.”
Ryan Caldbeck Feb 26, 2019 ▶ 14:13 a16z Podcast | Who's Down with CPG, DTC? (And Micro-Brands Too?)
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