The big news on Friday was that Amazon has agreed to buy grocery chain Whole Foods for $13.4 billion. Some people – such as Bruce Berkowitz, who manages the $2.3 billion Fairholme Fund and who is the second largest shareholder of Sears Holdings Corp. –… Read More
Given the option, I will buy online as opposed to offline. About the only thing I consistently buy in-person is groceries. Food shopping remains a persistently in-store activity for most of the market. Though some European countries seem to have much higher online food shopping… Read More
Today I was surprised to learn from Charlie Gardner’s blog that groceries now represent 56% of Walmart’s sales. This is a huge number that I frankly wouldn’t have expected. Groceries have relatively low online penetration, which makes them great for brick-and-mortar retailers. I’ve written about… Read More
According to Sequoia Capital, Americans spent $4 trillion on retail shopping last year – 95% of which was still done in traditional brick-and-mortar stores. I’m actually a bit surprised by how high this number is. I would have thought that a larger percentage of people would… Read More
BRANDON DONNELLY 