Archives for consumer

Specialty Food Start-ups Attract Venture Capital

Specialty food is trending up. Consumers everywhere are looking for unique food products, often international and often natural, organic, and locally sourced. According to the Wall Street Journal article below, the National Association for the Specialty Food Trade estimated that sales reached a new record high of $88.3 billion in 2013. Venture capitalists have invested…

Consumers Will Trade Personal Info for Deals

In a new study from Fierce Retail, 60% of shoppers said they are comfortable giving out personal information, anonymously, to their favorite stores, in order to receive benefits and rewards.  The majority, or 56%, said they would give the same information to brands, while just under half of respondents, 46%, would also give the information…

Location, location, location, in E-commerce

E-commerce opens an exciting world of new possibilites, new knowledge, and new products. Thanks to the internet, people now want (and can get) incredibly diverse and random items, reflecting their individual taste preferences. Or do they? In a recently released book by Wharton professor David Bell, titled “Why Location is (Still) Everything, e-commerce is revealed to have changed surprisingly little…

Uber Breaks Out Same-Day Delivery Service

Uber flexes its startup muscle and announces a new same-day delivery service called Uber Corner Store available only in certain parts of Washington D.C. The announcement comes just a few months after Uber launched UberRUSH, a courier delivery system in Manhattan where customers can have items be picked up and dropped off at a specific address by Uber…

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