Re:Blue Apron falls 9% on fourth day as a public company
by vkou on Thursday July 06, 2017 @12:55AM
(#14708223)
An iPhone is a fundamentally different device from a old-generation BlackBerry.
As far as I can tell, these services sell you the same head of lettuce as the grocery, at a large markup. Just because you think that Safeway, QFC, and Costco won't figure out this business doesn't mean that some other grocery chain won't.
Grocery stores have a fundamental advantage in this game - they have a location where people who don't want to pay for delivery can pick up. They can absolutely compete on price, without sacrificing any quality. On the other hand, it doesn't matter how much a BlackBerry costs - it was not an iPhone.
As far as I can tell, these services sell you the same head of lettuce as the grocery, at a large markup. Just because you think that Safeway, QFC, and Costco won't figure out this business doesn't mean that some other grocery chain won't.
Grocery stores have a fundamental advantage in this game - they have a location where people who don't want to pay for delivery can pick up. They can absolutely compete on price, without sacrificing any quality. On the other hand, it doesn't matter how much a BlackBerry costs - it was not an iPhone.