Grocery

Instacart Gets Ready to Take on Amazon, Grocery Delivery Service Raises $200M

A new player may soon challenge Amazon’s hold on the grocery delivery business. San Francisco-based Instacart has recently beefed up its war chest with another infusion of funds from its latest round of financing activity. Instacart reportedly raised $200 million in a fundraising campaign led by investment firms Coatue Management and Glade Brook Capital Partners. […]

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Is Amazon Go the Future of Grocery Stores? Maybe Not

With the grand opening of the Amazon Go mini-mart in Seattle on January 22nd, the world was introduced to what the eCommerce titan sees as the future of retail grocery shopping. As complicated and competitive the grocery industry has become, both online and on the street, Amazon’s premise is very simple: Speed and Convenience. “Amazon

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Amazon’s Whole Food Purchase Raises Demand for Same-Day Grocery Delivery Services

Amazon’s acquisition of Whole Foods was met with wariness and a not-so-unexpected round of hostility from rival supermarket chains. There was little doubt that the company’s foray into grocery retail would have made a big impact on the industry. What’s surprising, is how the buyout is also opening doors for suppliers and grocery-delivery startups like Instacart

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Walmart Challenges Amazon, Launches Grocery Line With Jet.com

Walmart’s competition with Amazon has just reached new levels, with the former looking to cut into a bigger piece of the millennial pie. Millennials aren’t exactly Walmart’s demographic, as its scant number of stores in urban areas attest. But the company’s acquisition of Jet.com might change all that. The website is set to launch Uniquely

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Want To Make Big Money On Your House? Make Sure It’s Near This Grocery Store (No, Not Whole Foods)

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. What is it they say in financial ads? The wise money-making scheme we’re selling could make you richer or, well, poorer. So what many people do is buy a house and hope that, if they can

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Why Amazon’s Acquisition of Whole Foods Marks A New Era in Food & Grocery

Rumors about Whole Foods being on the acquisition block were circulating among the industry and media. Several company investors were vocal about wanting a sale. Hints that talks were taking place with major legacy retail grocers were abundant. But what nobody anticipated was Amazon making the deal. It’s a business move that won’t just change

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