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by Hectic1015
4694 days ago
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C&S is a fascinating company. As a former employee, the insight for me is that you can make a lot by disrupting a large, old industry. What they don't highlight is that they grew from about $500m in revenue to $20bn in about 20 years from 88 to 2006: http://bit.ly/1a12pkU. C&S did this by innovating on management models at the warehouse, having a capital model which grew its cash position as it expanded, and helping to support the business case for private equity acquisitions of major US Grocery Chains. This article also misses one major point. Rick is innovating again. ES3 (http://www.es3.com/) is the largest automated warehouse in the world. As this warehouse scales, it could take a full step out of the grocery supply chain for the east coast. |
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