3 ms·
> positioned to win groceries Retail grocery sales != meal kits. In one instance, you simply procure the product and sell it on, and the other you procure, kit
by mbesto 8y ago
> positioned to win groceries
Retail grocery sales != meal kits. In one instance, you simply procure the product and sell it on, and the other you procure, kit and sell via online. Huge difference.
> Key parameters to compete here are quality, selection and price. Walmart could offer good quality via help of external chefs, if they get critical mass they could offer enough selection,
Have you ever actually stepped into a Walmart? Walmart does not compete on any of those parameters, except for price.
> to buying fresh, restaurant quality, heat-and-eat meals.
Except this is not what is happening. Those companies have ridiculously high churn rates, which means the trend is fairly benign to certain sectors of the market (mainly large cities).
- petra 8y ago// churn: Most meal kits companies will die because they are inconvenient. Too expensive, too much messing around in the kitchen. But heat-and-eat is easy(just putting something in the oven), somewhat close to takeout easy, and Walmart may take it to really interesting price points. // Quality, selection at Walmart Online ordering greatly increased selection. Will do for Walmart. Walmart order food at the quality and price point fitting customers. Assuming grocery pickup/delivery will attract wealthy urbanists(see my other comment), Walmart will offer also higher quality products
- forapurpose 8y ago>> Key parameters to compete here are quality, selection and price. > Walmart does not compete on any of those parameters, except for price. This comment seems to disagree: https://news.ycombinator.com/item?id=17157004 https://news.ycombinator.com/item?id=17157004