O'Driscoll: a16z's seed program acts as a loss leader like cheap milk
“The seed program, it's basically like cheap milk in the supermarket. It brings in the crowds. Right, you know, it's the last leader.”
McGavis: Commercial refrigeration is the single largest refrigerant emitter
“You know, the single biggest emitter is the refrigeration sector, and that's Primarily the, what I'd call the commercial refrigeration sector. That's supermarkets, convenience stores, and that's the single largest emitter.”
Mackey: Clear grocery health ratings will drive away shoppers or get diluted
“What they would do is they'd dumb it down so that a lot of stuff that you think is red now would all of a sudden be green. And the, It's like, because most of the food that we're selling in supermarkets is not good for people. And if you start telling the trut…”
Parekh: Unlike global trends, India's aging physical grocery stores lose profitability
“So the funny thing that happened in India was as stores became older, they became more unprofitable instead of becoming profitable, which is the reverse, which happens everywhere else in the world.
Because you amortize your costs, stores become more profitable…”
Calacanis: European supermarkets are required to take back product packaging at checkout
“In Europe, you are required at the supermarket, and people do this when they get to the end of the counter, they take the packaging off, the supermarket has to take the packaging, right? So they have to bear the burden of it.”
Basch: 50% of Too Good To Go European volume comes from supermarkets
“I mean, in Europe, 50% of the food we save every day comes from grocery partners in supermarkets.”
Salur: 10-minute delivery is impossible using third-party supermarket pickup models
“If you depend on a third party, 10 minutes doesn't happen. If you go pick up stuff from a supermarket, then, you know, it doesn't work. And then half hour, one hour game you're playing, ok?”
Tepper: Inflation lags the economic cycle due to delayed corporate pricing and wage cycles
“On the inflation side, because inflation is so lagging, so if you think of supermarkets don't immediately start raising prices until they're sure the demand is there, they don't start cutting prices until they're sure that it's dropping off, and then wage cycl…”