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Published · transcript-backed

Ben Gilbert: belief

19 Jul 2022 Acquired Walmart

“After house and cars, I think grocery or at least food as the next category is the largest thing that households spend money on.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
19 Jul 2022
Publisher
Acquired
Episode
Walmart

Transcript context

…Walmarts were the legacy of the variety stores. They didn't have groceries, they had hard goods. Groceries were always this very attractive category. It's the biggest category of retail in America. Dude, it's an enormous amount of consumer spend. After house and cars, I think grocery or at least food as the next category is the largest thing that households spend money on. Yes. I've always wondered why Amazon is so obsessed with grocery over the years.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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