TLDR
Only 3% of grocery sales happen online, compared to 30.2% for electronics and 27.4% for apparel. Groceries are particularly hard to handle with the kind of warehouse distribution model that an online retail powerhouse like Amazon relies on. The market expected Amazon to transform the grocery industry just as it transformed book sales, retail, delivery, and many other industries. But today, more than two years after Whole Foods buy, grocery has yet to be “Amazoned”via the TL;DR App
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Written by bastiane | Read writing from me bastiane.substack.com — Future of Work, ML, Robotics 2.0, Startup, Product Mgmt
