Net-savvy means they know how to cruise the web and do a lot of it. But the company didn't have the resources to set up and manage a worldwide production network. Supermarkets are losing the battle for people's precious time. Albertson's responded by cutting costs. Now they are spending money to upgrade their image.
New stores look like theme parks on the inside.
How could you calculate the national dollar amount that grocery stores have lost in a year, when 4 fewer trips are made each year. The three MBAs sat around and brainstormed the criteria for the perfect internet business, and then screened ideas against it. Source quality products and ship them quickly. A business with strong repeat-purchasing patterns. Not a commodity business, so didn't end up in price wars.