Instacart is integrating with merchants’ loyalty programs to outcompete rival aggregators on deals and discounts. The San Francisco-based grocery aggregator shared in a letter to shareholders Wednesday (Nov. 8), accompanying its first earnings report since going public in September, how the company’s affordability-focused offerings set it apart from competitors....
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery retail group on the East Coast, and the deal is expected to close by the...
As grocers increasingly shift their focus to their digital and omnichannel businesses, Hershey is seeing one of its key business customers pull back as it prioritizes eCommerce. In prepared remarks shared with analysts Thursday (Oct. 26) discussing the sweets and snacks giant’s third-quarter 2023 financial...
Instacart could reportedly set its initial public offering price range in a matter of days. The online grocery delivery service is planning to set its listing price and kick off its roadshow on Monday (Sept. 11), Bloomberg News reported Wednesday (Sept. 6), citing sources familiar...
December 23, 2022
This year, Ahold Delhaize is seeing holiday shoppers flock to online grocery like never before. The U.S. arm of the grocer, which encompasses thousands of stores across brands such as Giant, Food Lion and Stop & Shop as well as digital brands Peapod and FreshDirect, is seeing an increase in consumers’ expectations of digital convenience when it […]
July 23, 2020
To hear Abhi Ramesh tell it, he’s in two businesses. First, he’s trying to fight against the excesses of the U.S. food system, which is one that wastes more than...
October 25, 2018
It’s OK to admit it: The grocery and food business was once rather boring. Sure, people cannot live without food, but acquiring that nutritional energy often meant frequenting one specific...
August 31, 2018
Ten years ago, one-time television writer Susan Collins published the first installment in her post-apocalyptic dystopian young adult novel trilogy, “The Hunger Games.” (Ten-year-old spoilers to follow…) For those who...
November 08, 2023
Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect from Ahold Delhaize, a grocery retail group on the East Coast, and the deal is expected to close by the end of November, Getir said in a Wednesday (Nov. 8) […]
September 07, 2023
Instacart could reportedly set its initial public offering price range in a matter of days. The online grocery delivery service is planning to set its listing price and kick off...
February 14, 2023
Amazon’s chief executive says the company is committed to reviving its struggling physical grocery business. “We’re just still in the early stages,” Andy Jassy told the Financial Times (FT) in...
September 07, 2022
Online grocery platform Misfits Market will be buying fellow online grocer Imperfect Foods, which the companies say will make for a better and more sustainable experience, a press release said....
