Tom Finegan Shares Opinion on How Amazon is Changing the Grocery Landscape
Clarkston Consulting was recently featured by The Food Institute. Read a brief summary below or the full article here.
October 12, 2021 | Durham, NC
How Amazon is Changing the Grocery Landscape
Grocers across the country have been rethinking their business models and turning to technology and delivery services. Amazon acquiring Whole Foods for $13.7 billion in 2017 definitely changed the grocery landscape. Since then, Kroger, Costco, Target and Walmart have teamed up with Instacart, and companies are building their own direct-to-consumer channels to compete with Amazon. Read the full article here on the impact of Amazon’s entry into the grocery business changing the business “from bricks to clicks.”
Below, read the article’s featured quotes by Clarkston CEO Tom Finegan:
“Amazon, with their optimized website ordering and efficient, speedy delivery capabilities has changed shopper expectations when they are purchasing food items.”
“There isn’t a one-size-fits-all approach for companies who have launched a direct-to-consumer sales channel but Clarkston has found that the key ingredient to a successful business model is to put consumer preferences first.”