Thursday, January 22, 2015

Best Reading of the Day - Entry 0188 Challenges of Online Grocery

The best reading of the day is an excellent article from the 'Washington Post' on the challenges grocers face in moving to an online business.

http://www.washingtonpost.com/blogs/the-switch/wp/2015/01/20/the-staggering-challenges-of-the-online-grocery-business/

Here is a snippet from that piece:

The online grocery delivery business seems to get more crowded--and more competitive--by the minute. Tech giants Google and Amazon.com are offering it in some major cities, and so are upstarts such as Instacart, Postmates and FreshDirect. These newcomers are battling with more established businesses such as Peapod, which has been delivering groceries for more than 20 years, and services from companies such as Wal-Mart that allow customers to place orders online and pick them up at a nearby store.

It's a business that everyone seems to want in on, even though new data show it's awfully hard to do profitably.

This article is well worth your time if you follow retail, supermarkets, omnichannel or just like reading about difficult business challenges.

Happy Reading,

J.W. Gant

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