by Bernadette Heier | Jan 25, 2023 | Finance, News
The U.S. online grocery market finished December with $9.1 billion in sales, up 2.4 percent from a year ago and only 2 percent lower than the record high of $9.3 billion seen last Q1 of 2021, according to the monthly survey from Brick Meets Click and Mercatus. Driving...
by Bernadette Heier | Dec 15, 2022 | News, Third-Party Delivery
Rapid-grocery delivery startup Getir has acquired rival Gorillas in a transaction reportedly valued at $1.2 billion. Serkan Borancili, who co-founded Getir in 2015, shared the price tag on Twitter and said the combined company was now stronger. The deal price is...
by Bernadette Heier | Dec 1, 2022 | News, Retail & Services
From a kitchen that’s short ingredients during the mid-dinner rush to customers disappointed an item on the menu is unavailable, add that to ongoing supply chain issues and labor shortages—moments like this often place restaurants in a sticky situation. A...
by Tom Kaiser | Dec 1, 2022 | Briefs, News, Third-Party Delivery
Eight months after Circle K’s parent company led a $25 million investment in Food Rocket, the San Francisco-based rapid delivery provider announced a joint expansion to deliver groceries and convenience products in Charlotte, NC. Through its app, Food Rocket will...
by Bernadette Heier | Nov 10, 2022 | Briefs, News, Third-Party Delivery
Food Rocket, a rapid grocery delivery service based in San Francisco, announced the launch of its first in-house hot meal delivery service in Chicago. Known for its speedy 15-minute deliveries, the startup invested over $1 million to offer customers “restaurant-level”...