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The CPG Guys

Groceryshop '23 Recap with Allume Group's Andrea K. Leigh & Melissa Ardavany

Sep 29, 2023
57:33

Podcast summary created with Snipd AI

Quick takeaways

  • Meeting shoppers where they're at and reducing friction in the shopping experience was the main theme at Groceryshop '23.
  • Increasing interest in profitability and customer lifetime value was another prominent theme at the event.

Deep dives

Instacart stock languishes after IPO

Following its IPO, Instacart saw its share price erode in the days after trading on the Nasdaq exchange. Analysts cited concerns about growth opportunities amid competition from other delivery companies and self-delivering retailers.

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