DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator set new quarterly records for total orders, total dollar value of orders completed on its...
Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves that UBS analyst Michael Lasser said showed that investors interpret Amazon’s announcement as a sign of greater competition, Seeking...
DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens with Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) cards and the first third-party...
Consumers find stores’ own online grocery platforms more accessible than third-party marketplace offerings, bucking broader retail trends. Now, major players such as Amazon and DoorDash are trying to win those shoppers over by making their offerings more accessible — the former in terms of price,...
December 08, 2023
As Walmart is observing a reduction in customers’ grocery expenses due to the use of appetite-suppressing medications, Amazon is exploring opportunities with third-party grocery providers to enhance its presence in the grocery market. These actions come as both retailers, like everyone else, grapple not only with inflation but also with how it is influencing consumers’ […]
November 10, 2023
Walmart, best known for offering products at wallet-friendly prices through its extensive network of physical stores, is setting records this month, driven by the success of its grocery offerings that...
September 15, 2023
The latest official data from the United States government gives a nod to the fact that U.S. consumer spending on grocery products remains buoyant. The resilience will likely give new...
December 31, 2019
A little more than a year ago, PYMNTS started tracking the race for the consumer’s whole paycheck between the two retail behemoths that have been expanding their respective ecosystems in...
May 07, 2024
South Korean eCommerce giant Coupang is seeing growing adoption of its latest products and services. Its fulfillment and logistics, grocery delivery and meal delivery offerings made gains during the first quarter, Bom Kim, founder and CEO of Coupang, said Tuesday (May 7) during the company’s quarterly earnings call. The company’s Fulfillment and Logistics by Coupang (FLC), which gives suppliers access […]
May 01, 2024
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator...
April 24, 2024
Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and 2.3%, respectively, Tuesday, in moves...
April 24, 2024
DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens...
