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Exactly. I remember the spectacular failures of pets.com and webvan.com (they blew through.. what, $600,000,000 in less than a year?) and now we have chewy.com
by jrnichols 8y ago
Exactly. I remember the spectacular failures of pets.com and webvan.com (they blew through.. what, $600,000,000 in less than a year?) and now we have chewy.com and a bunch of other grocery delivery services.
what's old is new again, they say.
- wahern 8y agoWebvan was simply premature. Pets.com is the better example. It was a failure because the market and economics for speciality stores isn't any better with electronic storefronts than with brick & mortar--most people want one-stop shopping most of the time, online or offline. But Sears never tried to go down that route.