Grocery delivery company Buyk has filed a petition for Chapter 11 relief, with its endgame being to shutter the company. According to a Thursday (March 17) press release, the company plans to use the proceedings to wind down operations and get rid of its inventory...
If there are any challenges to pandemic recovery — and somehow there will be — we can start with how mobile order-ahead services must morph as the food sector stares down a possible dip in at-home dining and the pent-up “get out” movement that’s set to...
Google is looking to tackle last mile delivery with the launch of an integrated suite of mapping, routing and analytics capabilities that assist fleet operators from the initial eCommerce order to the final doorstep delivery. According to a company blog post Thursday (March 17), the...
Instacart has joined forces with Office Depot to begin offering same-day delivery, part of an ongoing effort by the grocery delivery platform to expand its selection of goods. The partnership, announced in a news release Thursday (March 17), arrives 10 days after rival DoorDash announced...
Instacart is facing steep challenges with rising inflation making food more expensive, according to a Bloomberg report. Many kinds of meals are getting more expensive, with common ingredients like beef, olive oil and flour seeing double-digit price increases compared with last year. The inflation has...
Delivery platform DoorDash is launching a gas rewards program to offset some of the higher fuel prices drivers are paying at the pump, according to a press release on Wednesday (March 16). The dual-tiered Gas Rewards program sprung from driver feedback and is aimed at...
Indian food delivery firm Zomato will be conducting an all-stock merger with Blinkit which will value the instant-delivery service between $700 million and $750 million, Reuters reported Tuesday (March 15). Zomato said it would be loaning as much as $150 million to Blinkit for the...
Increasingly, consumers are growing to expect their on-demand food providers to span categories. Restaurant aggregators such as DoorDash and Uber Eats are making moves into the grocery space, while online grocery marketplace Instacart has begun firing back by offering meal solutions. Earlier this year, the...
Because reaching scale is ultrafast grocers’ only hope of making the model work, the number of players currently making moves in the space around the world is unsustainable, and already there has been a significant amount of consolidation in this young category. This week, for...
