BC ALL
Saved by @Jacobtldr

1/ Grocery needs some help. Avg op margin in grocery is 2-3% but avg margin for public CPG is 21%. Are public CPG co's adding that much more value? No - I think that margin difference is a legacy from decades ago when the large brands mattered. Today value contribution is same.

 2/ That doesn’t seem fair.

But life isn’t fair.
3/ So grocery is in trouble. Growth is negligable absent inflation. Some large grocers are levered up to the gills. All are struggling to provide value to consumer. The answer will be assortment and convenience - namely delivery and click and collect.

I said “to the gills”. Ha.
4/ OK back to assortment and convenience. Here is why those are the things that matter. First convenience. Delivery is going to become table stakes in grocery. Ocado is killing it in UK. @Instacart will win here. (yes…..I think Instacart will beat @Amazon at grocery delivery).
5/ Even smaller retailers will need to invest in technology to offer click and collect if they cant do delivery.....and if that is table stakes, that means it is just to maintain market share.....and ROIC and margins and cash flow go lower.

VC backed solutions to the rescue.
6/ Assortment (products put on the shelf).

This will be the other key component of value to the consumer. Assortment is about price and product.
7/ Price means same products for less. Same…..boring….old….uninteresting products for less. That seems like a tough value strategy given the interest in innovation – which has been driven by small co’s.
https://t.co/xwxoHo8oTQ
8/ Price can also be driven by private label, but US customers have stalled at ~20% of sales to PL for the past decade (ex-dairy). Maybe the retailers will suddenly invest in new PL products that incentivize the customer to the offering, but I'm not seeing enough of that now.
9/ The other reason price is really a losing strategy? @Amazon and @Walmart.

You gonna beat them on price?
10/ So the key component about assortment is really driving unique products. Give the customer innovation and they will stop focusing only on price.
11/ That’s how you compete against Walmart. Find a new dimension and don’t compete only on pennies over the same box of @cheerios.
12/ SO how do you compete on assortment? You need to change the game. Too many retailers (i.e. @Publix, @Albertsons, etc) are just competing on price.

The innovative ones are trying to find ways to compete on innovation (Product).
13/ That used to be @WholeFoods – but WFM is moving away from innovation as they make it more difficult for smaller brands to thrive.
14/ Those companies that use new data in new/interesting ways will win. Problem is that so many today rely on massively commoditized retail level sales data from a few of the same players that give everyone the same info.
15/ Yes the grocery stores usually have data on what sells in their stores. But that is 0.001% of the # of SKUs in existence (my own scientific estimate). What is key is figuring out what to put on their shelves. That is what getting the right assortment means.
16/ Kroger tries to use data in a more interesting way than most grocery stores. That has helped with their assortment:
https://t.co/b9HZtgMdz4
17/ More is needed for all. They need an edge in data that will help prevent them from relying on just price. Remember their margins (#1 above)? Do you think trying to compete w/ @Walmart and @Amazon on price is going to help or hurt that margin.
18/ Only option is to invest in assortment in the form of innovative products. The answer there is to invest into non-commoditized data.

That is the future of grocery. They will need to invest massively into non-commoditized data.
19/ Historically most have relied on “buyers” to make assortment decisions. People that are making gut driven decisions based off of what they like (literally tasting/trying products). Very little data being used and almost none is external to their own store. That will change.
20/ The grocers that continue to only use their own data, or commoditized data sources, will die slowly.

Those that adapt and become data/tech enabled at their core will compete meaningfully with Walmart & Amazon.
21/ Offline grocers can succeed - but need to improve on assortment and convenience.

More from All

Naval
Naval
@naval
How to Get Rich (without getting lucky):

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
LIFE , STARTUPS , NAVAL1
\U0001f1ee\U0001f1f3
🇮🇳
@Aamani_03
॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..


• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.
ALL
Advertisement
\U0001d54d\U0001d560\U0001d56a\U0001d552\U0001d558\U0001d556\U0001d563
𝕍𝕠𝕪𝕒𝕘𝕖𝕣...
@V0YAGERTWEETS
Ｇａｕ Ｍａｔａ Ｉｎ Ｖｅｄｉｃ
Ｃｕｌｔｕｒｅ

It is said that the one who bears the dust thrown from the hoof of Gaumata on his head, as if taking a bath in the water of the teerth sthalam and getting rid of all sins.


Ved and all other Hindu scriptures venerate the cow. The Vedic dictionary, Nighantu, gives amongst other synonyms of 'Gau' [ or cow] the words 'Aghnya', 'Ahi', and 'Aditi'.

Yaska the vedic decoder and commentator on Nighantu, defines these as-

Aghnya —— the one that ought not to be killed
Ahi —— the one that must not be slaughtered.
Aditi —— the one that ought not to be cut into pieces.

These three names of cow signify that this is an animal which should not to be put to tortures. These words appear frequently throughout the Veda in context of the cow.

But in due course the falsehood of killing cows spread far and wide and they became even more deep rooted when western scholars with their half baked knowledge of Sanskrit transliterated these interpretations of commentaries of Sayanacharya ,
ALL
Save To Bookmarks \uea00
Save To Bookmarks ...
@SaveToBookmarks
@buzz_chronicles @AchuthArora @aldothetrainer @Artofphysique_ @rattibha Gotcha, boss!

Your tweet has been saved for later.

In order to manage your bookmarks you have to join up at savetobookmarks .com. Thanks!
ALL
Buzz Chronicles
Buzz Chronicles
@buzz_chronicles
@UnrollHelper Salut! There you go! Original tweet by @AnJamison: "@SethAbramson @buzz\_chronicles @buzz\\\_chronicles @buzz_chronicles save as cat...". Cheers! 👌

Salut! Of course! Original tweet by @UnrollHelper: "@AnJamison @SethAbramson @buzz @buzz_chronicles @pdfmakerapp @Readwiseio @thread...". Enjoy ✌
ALL

You May Also Like

Mau Abata \U0001314a
Mau Abata 𓅊
@MauAbata
Read through a forum thread on Chastity Mansion to see who is talking about the Edge-o-Matic and figure out what more to address regarding frequent questions, as well as scout out user feedback. Here's some thoughts you can carry back to the forums!

My website doesn't have any product reviews, but people scatter them everywhere else in forums, tweets, xtube vids, etc.

If you ARE a previous customer, and you like the thing, can you drop a review on my site to help others?

The price is steep, but that's the amount of coins I calculated to make these. I have several spreadsheets calculating every expense involved with this project.

The current cost sustains production and development of new tech, and is helping create jobs. We are 2 people now!!

It IS 3D printed, because injection molding is orders of magnitude more expensive for the initial tooling, and I am still making small revisions to the enclosures.

Injection molded plastics are a six thousand dollar commitment for fifteen cent parts. Great for mass mfg.

Also, if you didn't know, 3D printing technology allows for some shapes which would be difficult, expensive, or impossible on injection molding or milled parts!!

Undercuts, which I use in this design, require special lifters to mold that cost a tremendous fortune.
FOR LATER READ
Enigma
Enigma
@ainittomai
The Eye of Horus. 1/*


I believe that @ripple_crippler and @looP_rM311_7211 are the same person. I know, nobody believes that. 2/*

Today I want to prove that Mr Pool smile faces mean XRP and price increase. In Ripple_Crippler, previous to Mr Pool existence, smile faces were frequent. They were very similar to the ones Mr Pool posts. The eyes also were usually a couple of "x", in fact, XRP logo. 3/*


The smile XRP-eyed face also appears related to the Moon. XRP going to the Moon. 4/*


And smile XRP-eyed faces also appear related to Egypt. In particular, to the Eye of Horus. https://t.co/i4rRzuQ0gZ 5/*
CULTURE
Advertisement
STEALTH JEFF
STEALTH JEFF
@drawandstrike
So it's now October 10, 2018 and....Rod Rosenstein is STILL not fired.

He's STILL in charge of the Mueller investigation.

He's STILL refusing to hand over the McCabe memos.

He's STILL holding up the declassification of the #SpyGate documents & their release to the public.

I love a good cover story.......

The guy had a face-to-face with El Grande Trumpo himself on Air Force One just 2 days ago. Inside just about the most secure SCIF in the world.

And Trump came out of AF1 and gave ol' Rod a big thumbs up!

And so we're right back to 'that dirty rat Rosenstein!' 2 days later.

At this point it's clear some members of Congress are either in on this and helping the cover story or they haven't got a clue and are out in the cold.

Note the conflicting stories about 'Rosenstein cancelled meeting with Congress on Oct 11!"

First, rumors surfaced of a scheduled meeting on Oct. 11 between Rosenstein & members of Congress, and Rosenstein just cancelled it.
ALL
Buzz Chronicles
Buzz Chronicles
@buzz_chronicles
@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: "@OllieEmberson @buzz_chronicles @rattibha @SaveToBookmarks save as Workouts". Thanks! ✌

Hi! Pleasure is mine. Original tweet by @SaveToBookmarks: "@AchuthArora @OllieEmberson @buzz_chronicles @rattibha Cool mate!

I saved this ...". See You soon! 👌
ALL
XVIII Airborne Corps\U0001f409
XVIII Airborne Corps🐉...
@18airbornecorps
1 of 16: WE ARE ALL JEWS HERE: THE STORY OF RODDIE EDMONDS

One of the most moving and relevant stories of the Battle of the Bulge, or any American Soldier in any war, is that of Master Sergeant Roddie Edmonds, a Knoxville, Tennessee native, who served with the 106th Infantry.


2 of 16:

Roddie was captured early on in the Battle of the Bulge, on December 19th, when Panzer forces plowed through his unit.

He, along with almost his entire regiment, was forced to surrender.


3 of 16:

The men were transported to the Stalag IX-A POW camp in Ziegenhain, Germany.

Roddie was the senior enlisted American Soldier at the site. As such, he was the conduit between all American Soldiers and their German captors.


4 of 16:

In late January, the camp’s commandant, Major Siegmann [pictured here], ordered Roddie, a Christian, to identify all Jewish Soldiers and order them to stand in formation by themselves the next day.

[Jewish Soldiers were a minority within American units]


5 of 16:

Throughout WWII, captured Jewish Soldiers were often tortured and then killed by their German captors.

In fact, Jewish Soldiers had been told to bury their dog tags before capture. The dog tag identified Jews with the letter “H” for Hebrew.
SOCIETY