Replies to post #69147 on Savvy Trades and Investments

[BTuna]

Re sgrp / groceries

Earthfare, Whole Foods only niche competitor down here in NC and other parts of the southeast... announced bankruptcy within months of Amazon's free same day Whole Foods deliveries for prime members. That's down to free 2 HOUR delivery now.

This comes about 1 year after Earthfare announced expansion plans.

The local news didn't give a reason why, the CEO of Earthfare didn't give a reason. . .but comeon, it doesn't take a genius. . .

[megazoo]

Well you haven't traveled to high density countries, like India, Brazil, Indonesia and even China. Physical stores are opening up at rapid pace

I will wager that economic growth of countries will be proportional to the habit of shopping outside, not inside.

If you shop inside, AMZN will be the sole beneficiary. If you shop outside, you drive, you shop, you eat outside, etc.
I would like to live in an outside world. The network effects of outside vs inside is much bigger.

SGRP growth will come from rest of the world, not US.