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It appears that the ultrafast grocery boom was short-lived. There have always been skeptics, but last year, it seemed to many that 10- and 15-minute grocery delivery services were the model of the future, and that quick commerce would continue to grow with no end...
As ultrafast grocers’ challenges continue, leading players around the world are beginning rounds of major layoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Grocery delivery firm Buyk is planning to cease operations in Chicago and New York City after filing for Chapter 11 bankruptcy. Plus, Deliveroo continues to build out its ghost kitchen network, and FedEx discusses its future during its Q3 earnings call. Get the Full Story...
March 21, 2022
Grocery delivery firm Buyk is planning to cease operations in Chicago and New York City after filing for Chapter 11 bankruptcy. Plus, Deliveroo continues to build out its ghost kitchen network, and FedEx discusses its future during its Q3 earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited […]
March 17, 2022
Grocery delivery company Buyk has filed a petition for Chapter 11 relief, with its endgame being to shutter the company. Get the Full Story Complete the form to unlock this...
January 18, 2022
Grocery service Buyk has launched a line of “high-quality, affordable private label products,” something the company says is a first in the world of ultrafast grocery delivery. Get the Full...
June 28, 2021
Russia’s busiest provider of instant grocery deliveries is planning to launch a U.S. service, beginning in August in New York, Bloomberg News reports. Get the Full Story Complete the form...
