Instacart Enables Online Catering, Delivery for Grocers
Grocery stores can now offer online catering ordering and delivery through Instacart using FoodStorm’s order management system, which the online grocery provider acquired last fall. Uncle Giuseppe’s Marketplace is the first retailer to connect their FoodStorm OMS...
U.S. Online Grocery Sales Tick Up to $7.1 Billion
Monthly online grocery sales hit a new high this May, topping out at $7.1 billion in the U.S., which is 1.7 percent higher than a year ago. This comes as inflation impacts consumers across the globe, as oil prices and food costs have garnered headlines for significant...
Instacart Files Confidential IPO Registration
Grocery delivery giant Instacart has filed with a confidential notice with the Securities and Exchange Commission, the first legal step toward an initial public offering. The statement from the company was terse: Instacart today announced that it has confidentially...
Instacart Slashes Valuation with Employees Top of Mind
Instacart made some finance news when it voluntarily slashed its valuation by almost 40 percent, from nearly $40 billion to $24 billion. That seems quite bad at first blush, but the valuation dip offers a window into the mismatch between venture capital valuations and...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.
