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How ‘Household Restocking’ Startup the Rounds Uses Tech and AI to Make Sustainable E-Commerce Profitable - Omni Talk

Oct 25, 2023 - omnitalk.blog
The Rounds, a sustainable household restocking service, claims to have achieved profitability at the unit economic level and in its operation of fulfillment centers. The startup, which delivers grocery items and household goods from neighborhood locations, is now working towards becoming cashflow positive.

Launched in 2019, The Rounds is currently available in Philadelphia, D.C., Miami, and Atlanta, offering customers a range of over 650 products, up from 150 a year ago. The service includes items from local sellers or co-ops, and in Miami, alcohol delivery is also available.

Key takeaways:

  • The Rounds, a sustainable household restocking service, claims it's profitable not only at the unit economic level but also in terms of how it operates its fulfillment centers.
  • The company's next step is to become cashflow positive, and they are making good progress towards that, according to CEO Alex Torrey.
  • The service was launched in 2019 in Philadelphia and is now available in D.C., Miami and Atlanta, offering customers a range of products from across 650 SKUs.
  • The Rounds also includes items from select local sellers or co-ops, including bakeries, coffee roasters, florists, and those who sell cheese, milk or eggs. In Miami, alcohol delivery is also available.
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