Category: Future of Grocery
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Buyk, a new ultra-fast grocery delivery startup, launched operations in NYC this week. The company announced this week that they’d launched delivery in Manhattan. Buyk, which was founded by Rodion Shishkov and Slava Bocharov – the same founding team who started Russian fast-grocery store Samokat – announced early this year that they’d raised $46 million…
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Well, we knew it was only a matter of time before this happened: Today, Whole Foods announced they are adding Amazon’s cashierless technology to two stores in 2022. In the announcement, the retailer says Amazon’s Just Walk Out technology will be an “option” for customers in their Washington, D.C.’s Glover Park and Sherman Oaks, California…
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The Stop & Shop grocery chain announced today that its customers on the Supplemental Nutrition Assistance Program (SNAP) can use their Electronic Benefits Transfer (EBT) card when placing orders online for pickup and delivery. The new program extends to all SNAP participants across Stop & Shop’s five state reach – Massachusetts, Rhode Island, Connecticut, New…
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Last week the Financial Times reported that third-party delivery giant DoorDash was in talks to buy a stake in German speedy grocery delivery startup Gorillas. While there weren’t a ton of details, such as how big any such stake would be, a follow-up story from Axios said the deal could give DoorDash the option to…
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DoorDash this week launched a new feature, DoubleDash, that lets users bundle items from different businesses like convenience stores together into a single transaction. DoorDash customers can add c-store items to their original restaurant order and checkout with a single transaction and no extra delivery fees, according to a company blog post. DoubleDash is currently…
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Kitchen United (KU) will expand its ghost kitchen network to include Kroger locations thanks to a just-announced partnership between KU and the grocery retailer. KU kitchens will be located at various Kroger locations, the first of these being at a Ralphs in Los Angeles slated to open this fall. Participating Kroger stores will house a…
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Bolt, an Uber-like rideshare company based in Estonia, has raised €600 million (~$713M USD) to branch out into grocery delivery, CNBC reported today. New investors in the round include Sequoia and fund managers Tekne and Ghisallo, along with existing investors G Squared, D1 Capital and Naya. With its new funding, Bolt is now valued at…
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Gopuff announced today that it has raised another $1 billion in funding, confirming reports from last week of just such a round. New investors Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, MSD Partners, and Adage Capital joined with existing investors Fidelity Management and Research Company, Softbank Vision Fund 1, Atreides Management, and Eldridge in the round.…
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The startup 1520 got its name from its value proposition — to deliver grocery orders to customers in 15 to 20 minutes. The company is not alone in that mission, especially in its hometown of New York City, where a number of fast grocery delivery services have launched this year. Two of those services have…
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In addition to delivering groceries fast, Gopuff is pretty speedy when it comes to raising big sums of money. Bloomberg and Axios both reported yesterday that Gopuff is raising an additional $1 billion in funding, according to sources familiar with the matter. This new money comes just months after Gopuff raised $1.5 billion in March,…
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Instacart announced today a new multi-year partnership with Fabric that will see the two companies jointly offer automated order fulfillment services to North American grocery retailers. The new automated fulfillment option will combine Instacart’s e-commerce ordering capabilities and human shoppers with Fabric’s robot-powered item-assembly process. Retailers can outfit this new system inside existing retail spaces…
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AiFi announced today that it is adding its cashierless checkout technology to two Loop Neighborhood store locations in California, starting in the San Francisco Bay Area. The deal expands on an existing partnership that saw the two companies opening a fully autonomous gas station NanoStore in Campbell, California in 2019. AiFi retrofits stores with cameras…
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