3 ms·
Since of those I will only buy a few items I can tell you the prices here, in NYC in a non-ethnic but non expensive supermarkets: * Cherry tomatoes when availa
by notyourday 6y ago
Since of those I will only buy a few items I can tell you the prices here, in NYC in a non-ethnic but non expensive supermarkets:
* Cherry tomatoes when available: $1.00/pt
* Tomatoes: $0.99-$1.50/lb, right now up to $1.69lb
* Onions: $0.59/lb
* Honey crisps: $4.99/bag ( 5lb per bag )
* Baby spinach: $2.49/lb
So the mass consumed vegetables are are about 2x the price of a local super market and they have $250 min. Try meats and fish and you see the similar level of markup.
I think their business model is to provide single point logistics services covering ingredients to companies that take those raw ingredients and do value add ( restaurants ) and selling on credit. That model does not work if there are no buyers for the logistics service.
I think should they be delivering to consumers, their competitor is instacart where the basked ends up being 20-80% higher than the same basked would be should it be filled directly in a supermarket. ( counting all the fees )
- jefftk 6y agoNone of the examples you're listing are 2x; those are 1.4x, 1.6x, 1x, and 1.7x. The prices you're listing are also lower than what I see in the cheap grocery stores here, not sure why? (They also are delivering to consumers; we've been putting in a weekly order and it's a way better experience than Instacart.)
- notyourday 6y ago1.4x - 1.7x is less sales which happen on perishables all the time >The prices you're listing are also lower than what I see in the cheap grocery stores here, not sure why? No idea. I don't even remember the last time I got onions for over $0.55/lb. > hey also are delivering to consumers; we've been putting in a weekly order and it's a way better experience than Instacart. That's because very few consumers are getting this delivery though I'm with you, they are definitely competing with instacart.