Consumers continue to feel the effects of inflation, especially when it comes to their grocery shopping. Thrive Market CEO Nick Green joins Wealth! to discuss the state of consumer spending and how Thrive Market seeks to ease the burden of inflation.
OK, great to have you here in studio, first and foremost, making your way over from the west coast to join us on wealth.I mean, because we take a look at the CP I report and, and retail sales and really trying to get a sense of where this consumer stands right now, especially as it remains on grocery prices.What, what's the kind of broad stroke that you would annex to describe the consumer right now?So people have gotten hit, they're feeling it.
So, you know, all the things you would expect when people are trying to save money, what are the top selling items right now for thrive market?So for us, you know, to give just a couple of examples are uh you know, natural organic, single source, extra virgin olive oil uh comes in a beautiful tin.Well, so if I mean, if you send it in a bottle, right, it can break and if you have olive oil in your order, that's no bueno.
So, you know, we're in a really strong position to control our destiny, uh less focused on the valuation game and much more focused on just continuing to grow, to drive that profitability up, to continue to do things that are differentiated.
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