Thrive Market: Difference between revisions
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{{CompanyCargo | {{CompanyCargo | ||
|Founded=2014 | |Founded=2014 | ||
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|Website=https://www.thrivemarket.com/ | |Website=https://www.thrivemarket.com/ | ||
|Description=Thrive Market is an American e-commerce membership-based retailer offering natural and organic food products. Based out of Los Angeles. | |Description=Thrive Market is an American e-commerce membership-based retailer offering natural and organic food products. Based out of Los Angeles. | ||
|Logo=}} | |Logo=Thrive Market.svg | ||
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'''Thrive Market''' is a U.S.-based online marketplace that sells natural and organic groceries and household items through a membership model. Founded in 2014, the company markets itself as a cost-effective alternative to traditional retailers by offering discounted prices for members. For every paid membership, Thrive Market claims to donate one to a low-income family under its ''[https://thrivemarket.com/thrive-gives Thrive Gives]'' program. | '''Thrive Market''' is a U.S.-based online marketplace that sells natural and organic groceries and household items through a membership model. Founded in 2014, the company markets itself as a cost-effective alternative to traditional retailers by offering discounted prices for members. For every paid membership, Thrive Market claims to donate one to a low-income family under its ''[https://thrivemarket.com/thrive-gives Thrive Gives]'' program. | ||
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==Consumer-impact summary== | ==Consumer-impact summary== | ||
=== | === Business model === | ||
* Thrive Market requires a paid subscription: US $59.95/year (annual plan) or US $12/month (when available). | * Thrive Market requires a paid subscription: US $59.95/year (annual plan) or US $12/month (when available). | ||
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* [https://help.thrivemarket.com/hc/en-us/articles/360001342843-How-do-I-cancel-my-membership Non-California residents must cancel via an AI chatbot], taking numerous text prompts to cancel. Offers of Thrive Cash and lower subscription fees (down to $9.95/year) are all offered to incentivize users to stay. | * [https://help.thrivemarket.com/hc/en-us/articles/360001342843-How-do-I-cancel-my-membership Non-California residents must cancel via an AI chatbot], taking numerous text prompts to cancel. Offers of Thrive Cash and lower subscription fees (down to $9.95/year) are all offered to incentivize users to stay. | ||
=== | === Freedom === | ||
Multiple consumer reports highlight recurring themes: | Multiple consumer reports highlight recurring themes: | ||
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=== Thrive Market settles lawsuit for $1.5M (''April, 30, 2024'') === | === Thrive Market settles lawsuit for $1.5M (''April, 30, 2024'') === | ||
Thrive Market allegedly violated parts of California’s Automatic Renewal Law and False Advertising Law. As part of the settlement, Thrive Market will pay $1,004,000 in civil penalties, $96,000 in investigative costs, and $450,000 in restitution. | Thrive Market allegedly violated parts of California’s Automatic Renewal Law and False Advertising Law.<ref>{{Cite web|url=https://finance.yahoo.com/news/grocery-delivery-company-thrive-market-190237848.html|title=Grocery delivery company Thrive Market settles lawsuit for $1.5M|first=Amy|last=Larson|date=2024-05-03|work=Yahoo Finance|access-date=2025-08-24|archive-url=https://web.archive.org/web/20250726091230/https://finance.yahoo.com/news/grocery-delivery-company-thrive-market-190237848.html|archive-date=2025-07-26|url-status=live}}</ref> As part of the settlement, Thrive Market will pay $1,004,000 in civil penalties, $96,000 in investigative costs, and $450,000 in restitution. | ||
==See also== | ==See also== | ||
*[[Instacart]] | |||
==References== | ==References== | ||