Food Rocket

DoorDash Ceases NYC 15-Minute Delivery Test as Ultrafast Bubble Pops
DoorDash Ceases NYC 15-Minute Delivery Test as Ultrafast Bubble Pops
July 07, 2023  |  Delivery

As businesses look to balance consumers’ on-demand expectations with the high cost of fulfillment, ultrafast delivery has been faltering, and DoorDash has become the latest...

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Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
April 19, 2023  |  Retail

Even the largest ultrafast grocers are taking a hit as economic challenges rack the industry. Now, even Turkey-based multibillion-dollar quick-commerce firm Getir, which seemed to...

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Ultrafast Grocery Sales Hit the Skids
Ultrafast Grocery Sales Hit the Skids
April 13, 2023  |  Delivery

This week in grocery, one ultrafast delivery service shutters while another becomes stronger than ever. Sydney, Australia-based 10-minute grocery delivery service MilkRun is shutting down,...

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eGrocery Falls Flat When Startups Try to Reinvent the Wheel
eGrocery Falls Flat When Startups Try to Reinvent the Wheel
April 04, 2023  |  eCommerce

From Instacart’s increased valuation to Boxed’s bankruptcy filing, online grocery is seeing major changes. While players that attempt to drive adoption of their own digital...

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Kroger Slows Delivery Rollout in Bid for Longer-Term Viability
Kroger Slows Delivery Rollout in Bid for Longer-Term Viability
March 28, 2023  |  Delivery

Around the world, grocers are reconceiving their grocery delivery businesses to better meet consumers’ needs. Kroger is slowing down its automated fulfillment center rollout but...

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Food Rocket Shuts Down as Ultrafast Delivery Faces Reckoning
Food Rocket Shuts Down as Ultrafast Delivery Faces Reckoning
March 13, 2023  |  Delivery

As economic pressures have many consumers reining in spending, ultrafast delivery is struggling. Ultrafast grocery delivery firm Food Rocket, backed by convenience retail giant Couche-Tard, has...

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Getty Realty Bets on C-Stores Amid Industry-Wide Evolution
Getty Realty Bets on C-Stores Amid Industry-Wide Evolution
January 13, 2023  |  Retail

Getty Realty committed $100 million in convenience stores and carwash properties throughout 2022. The real estate company shared this figure Tuesday (Jan. 10) in reporting...

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Food Rocket Snags $25M for Grocery Delivery Expansion
Food Rocket Snags $25M for Grocery Delivery Expansion
April 26, 2022  |  Investments

Food Rocket, the San Francisco company that promises grocery delivery in the Bay Area within 15 minutes, has secured $25 million in Series A funding...

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This Week in FinTech Ukraine: Amazon Launches Employment Support Program for Refugees
This Week in FinTech Ukraine: Amazon Launches Employment Support Program for Refugees
March 25, 2022  |  International

This week in FinTech Ukraine, Amazon announces an employment support program for Ukrainian refugees, and Rakuten unveils a charity fund. Amazon Amazon.com has launched an...

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