Great one, Kevin. Very interesting space that requires really rigorous process for operational output. We have some in Toronto, like Ninja. Fewer SKUs and well placed MFCs means a model that can work - in very dense urban centres. Grocery delivery is not the same as meal delivery, the latter can get slightly better margins. At what point does the consumer choose to just go to a store i.e. is the marginal convenience of delivery worth the fee / somewhat inflated prices? Quality is also key.
Great one, Kevin. Very interesting space that requires really rigorous process for operational output. We have some in Toronto, like Ninja. Fewer SKUs and well placed MFCs means a model that can work - in very dense urban centres. Grocery delivery is not the same as meal delivery, the latter can get slightly better margins. At what point does the consumer choose to just go to a store i.e. is the marginal convenience of delivery worth the fee / somewhat inflated prices? Quality is also key.