How great would it be to have your groceries delivered right to your door, straight from your favorite local grocer? That's a reality with GrocerKey, which helps brick and mortar grocery stores sell to their customers online. Madison Noteworthy's Christi Andringa and Mike Victorson interview Jeremy Neren, founder and CEO of GrocerKey, and discover how an early venture as an on-demand late-night grocery delivery service for college students transformed into an end-to-end technology solution for grocery and convenience stores. Visit GrocerKey.com.
In the aftermath of the 2008 Lehman collapse, most banks froze lending and, in fact, requested their money back. At one point, 74.5% of the banks said they were tightening their lending standards. This caused a full-blown banking crisis, in which money was leaving the economy at an alarming rate. In human terms, there was a lot of distress — after all, every dollar going to repay the bank’s call notice is a dollar that doesn’t go into the purchase of goods and services.