PYMNTS-MonitorEdge-May-2024

grocery delivery

Getir Acquires Online Grocer FreshDirect to Grow in the US
Getir Acquires Online Grocer FreshDirect to Grow in the US
November 08, 2023  |  Acquisitions

Grocery delivery company Getir has acquired online grocery company FreshDirect to grow in the United States. Getir, which operates in five countries, is acquiring FreshDirect...

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Instacart Serves Up New Avenues for Brands to Reach Shoppers 
Instacart Serves Up New Avenues for Brands to Reach Shoppers 
October 20, 2023  |  Retail

Delivery platforms like Instacart are becoming a valuable avenue for brands looking to connect with consumers who prefer the convenience of grocery shopping from their...

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Amazon Lowers Grocery Delivery Threshold as Retailers Tinker With Fees
Amazon Lowers Grocery Delivery Threshold as Retailers Tinker With Fees
October 06, 2023  |  eCommerce

As major retailers struggle to strike the balance between winning grocery delivery customers from competitors and boosting margins per order, Amazon continues to adjust its...

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Instacart and InComm to Offer Grocery Delivery to Health Plan Members
Instacart and InComm to Offer Grocery Delivery to Health Plan Members
October 03, 2023  |  Partnerships

FinTech InComm Payments said its healthcare unit has launched a partnership with Instacart. The collaboration, announced Tuesday (Oct. 3), allows health plans to offer their members grocery and...

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Kroger Drives Delivery With Memberships as Grocers Boost Omnichannel Adoption
Kroger Drives Delivery With Memberships as Grocers Boost Omnichannel Adoption
September 21, 2023  |  Retail

This week in grocery news, Kroger’s membership program succeeds at boosting delivery orders, Ahold Delhaize goes after omnichannel customers, and Hy-Vee joins other grocers in...

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Instacart Stock Closes 12% Higher Than IPO Price
Instacart Stock Closes 12% Higher Than IPO Price
September 19, 2023  |  IPO

Instacart stock closed at $33.70 a share on Tuesday (Sept. 19), the day of its initial public offering (IPO). Priced at $30 a share on Monday (Sept....

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Instacart Sets IPO Price at High End of Expectations
Instacart Sets IPO Price at High End of Expectations
September 18, 2023  |  IPO

Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At...

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Buoyant Grocery Spend Sharpens Online, Offline Battle Lines Between Walmart and Amazon
Buoyant Grocery Spend Sharpens Online, Offline Battle Lines Between Walmart and Amazon
September 15, 2023  |  Retail

The latest official data from the United States government gives a nod to the fact that U.S. consumer spending on grocery products remains buoyant. The...

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Shipt Names CTO as Target Looks to Grow Aggregator Presence
Shipt Names CTO as Target Looks to Grow Aggregator Presence
August 22, 2023  |  Delivery

Shipt is expanding its c-suite as its parent company, Target, aims to grow its share of same-day delivery sales. The grocery and retail delivery company...

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