grocery delivery

Business

Instacart CEO Courts Investors, Skeptics Ahead of IPO

Fidji Simo, chief executive officer of Instacart Inc. Fidji Simo, chief executive officer of Instacart Inc. (David Paul Morris/Bloomberg News)

Instacart Inc., a 10-year-old grocery delivery startup that was once one of the most highly valued of its gig-economy generation, is preparing to go public. CEO Fidji Simo now must convince investors that Instacart’s explosive growth during the COVID-19 lockdowns won’t fade along with the virus.

Jackie Davalos | Bloomberg News
May 12, 2022
Business, Logistics

Latest Apps Promise Fast Service, but Can They Deliver?

A worker gets ready to make a delivery on a bicycle in front of Gorillas mini-warehouse A worker gets ready to make a delivery on a bicycle in front of a Gorillas mini-warehouse in New York City April 12. (Tali Arbel/Associated Press)

Venture capitalists have poured billions into companies in the latest pandemic delivery craze: companies that promise food or toiletries in 30 minutes or less. But experts say they are unprofitable and officials in some cities are complaining about how they operate, saying it’s bad for employees and residents.

Tali Arbel | Associated Press
April 19, 2022
Business, Technology, Logistics

GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed

The logo for the Grubhub Inc. application is displayed on an Apple Inc. laptop computer Grubhub and others had their motion to dismiss the suit denied. (Gabby Jones/Bloomberg News)

GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.

Chris Dolmetsch | Bloomberg News
March 30, 2022
Business, Fuel, Logistics

Instacart Adds Fuel Surcharge to Offset High Gas Prices

The Instacart website on a laptop computer The Instacart website on a laptop computer. (Tiffany Hagler-Geard/Bloomberg News)

Instacart Inc. is adding a fuel surcharge on grocery delivery orders, becoming the latest gig economy company to impose new fees on customers to ease drivers’ gas bills amid record-high prices.

Jackie Davalos | Bloomberg News
March 18, 2022
Business, Top 100, TCA

Albertsons Might Explore Selling Its Grocery Chains

Albertsons store Bridget Bennett/Bloomberg

Albertsons Cos. may be looking to unload some of its nearly two dozen grocery chains as the company launches a review of its business strategy, analysts said.

Joseph N. DiStefano | The Philadelphia Inquirer
March 4, 2022
Business, Technology

Ocado Unveils Enhanced Robots in Grocery Delivery Push

A delivery truck operated by Ocado in London A delivery truck operated by Ocado in London. (Hollie Adams/Bloomberg News)

Ocado Group Plc has developed new, lower-cost technology that will speed up online grocery deliveries, boosting the company’s prospects as it seeks to license its robotic warehouse systems globally.

Katie Linsell | Bloomberg News
January 26, 2022
Business, Logistics, Top 100

Albertsons Struggles With Rising Labor, Logistics Costs

Albertsons store Bridget Bennett/Bloomberg

Albertsons Cos. is wrestling with higher labor and logistics costs as it seeks to cash in on surging sales.

Brendan Case | Bloomberg News
January 11, 2022
Business, Logistics

Kroger, Instacart Target 30-Minute Grocery Delivery

Kroger, Instacart Target 30-Minute Grocery Delivery The front of a Kroger grocery store. (Luke Sharrett/Bloomberg)

Kroger Co. and Instacart unveiled a new home-delivery service in which the companies will drop off food and household staples in as little as 30 minutes.

Brendan Case | Bloomberg News
September 14, 2021