The threat to incumbents in the grocery market, such as Tesco from so-called “ultra-fast” grocery delivery newcomers, is much more serious than JPMorgan previously thought.
The broker has been pontificating on the threat the likes of Getir, Gorillas, Weezy et al pose to bricks & mortar operators and even technology star Ocado after talking to the head honchos of a number of these upstarts.
Read the full article on the Proactive Investors website
NAM Implications:
- Whilst grabbing a 50% share might seem ambitious…
- NAMs could benefit from running a 25% share what-if…
- …and exploring the implications for their categories.
- (bearing in mind that any real success in ultra-fast delivery can be replicated by the mults…)
