The Buy Now, Pay Later Crisis: Solving Food Insecurity in 2026
In this episode, we sit down with Andy Ellwood, Founder and CEO of Stretch, to discuss his decade-long obsession with bringing transparency to the grocery industry. Andy shares how the failure of his first company, Basket, actually laid the structural foundation for what AI is finally allowing him to build today. We dive into the information asymmetry that keeps shoppers in the dark and explore the heartbreaking reality of modern food insecurity, where 17% of surveyed parents are skipping meals to feed their children. Andy explains how Stretch is using AI to map 550,000 unique SKUs across competing retailers to save the average family up to $250 a month.
Join us as we discuss:
[1:29] The systemic issue that’s plagued grocery consumers since the Romans
[9:27] Why the price of groceries never came back down after the pandemic
[21:10] How Stretch is turning grocers’ information asymmetry on its head
Craving more? You can find this interview and many more by subscribing to Evolving Industry on Apple Podcasts, on Spotify, or here.
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