A new front in the grocery wars

Amazon (NASDAQ: AMZN) vs. Walmart (NYSE: WMT)? That one-on-one skirmish is old news.

As COVID-19 reshapes the American shopper, money is pouring into a cluster of new and existing grocery delivery platforms.

The latest: Grocery service Instacart said in a blog post Thursday it raised $200 million in new financing. The deal values Instacart at $17.7 billion. That compares with a $13.5 billion valuation at which Instacart raised $225 million in June.

“COVID-19 has forever changed the way people shop...

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