A picture of the name nicholas house and co.

“Clap On, Clap Off”

A wave of grocery delivery services has hit cities across the US in the past few years, including Amazon Fresh, Deliveer, and Peapod among many others.  While the cost structures differ across companies, the underlying driver in this sector’s growth is undeniably our willingness to pay for convenience.  In Los Angeles, for example, customers of Amazon Fresh pay a $299/year membership for free delivery of fresh produce and other products on orders of at least $35.  Proponents of the service argue that they are willing to spend the money if it means less lines and more free time.  The idea has gained enough popularity to drive Google to launch their own service, Shopping Express, which allows shoppers to buy things from local retail stores and have them delivered same or next day.  Although currently only available in a few cities, Google announced last week that they intend to invest an additional $500 million to expand the service nationwide.

….Continue Reading

Recent Posts

The China Syndrome

August 21, 2023

Reining in Crypto

August 14, 2023

The Cambridge Program 2023

August 7, 2023

Hollywood Lesson in Diversification

July 31, 2023

Loans Coming Due

July 24, 2023

Stop the Scroll

July 17, 2023

Rent vs. Own Flips Again

July 10, 2023

Do You Want to Be a Bank?

July 3, 2023

Categories