As the largest retailer in the world, it’s no surprise that Walmart has poured money into innovative fulfillment technologies like drone delivery and advanced robotics.
In particular, the company has been focused on modernizing its warehouses with automation. But while it owns a majority stake in warehouse robotics firm Symbotic, which in May brought robots to all 42 of its regional distribution centers, the retailer until this week didn’t own a warehouse tech company outright.
That changed...
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Third-party food delivery services like Uber Eats and DoorDash have become a part of the fabric of the U.S., with well over 100 million users placing orders on the apps last year. But those companies have begun to realize that delivering from restaurants and convenience stores is just the tip of the iceberg.
Grocery delivery has long been seen as the domain of Instacart and Walmart, but more and more food delivery platforms are experimenting with the service. Take, for example, Uber (NYSE: UBER),...
https://www.freightwaves.com/news/amazon-is-about-to-shake-up-grocery-delivery
One company is seeking to turn grocery shopping from an errand to an activity.
Food and drug retailer Albertsons Cos. (NYSE: ACI) announced on Monday an overhaul of its digital segment, unveiling three new offerings to its suite of digital services, including FreshPass, a subscription service that’s essentially Amazon Prime, exclusively for groceries. For a little under $100 a year or $12.99 a month, Albertsons customers can take advantage of free delivery on orders of $30 or more, free two-hour...
https://www.freightwaves.com/news/albertsons-unveils-prime-like-grocery-delivery-subscription
January was the peak sales month for online grocery sales, reaching $9.3 billion during the month, according to a Brick Meets Click/Mercatus Grocery Shopping Survey conducted Jan. 28-31. Sales in February started to fall, dropping 14% to $8 billion, and have remained on a slow decline since, as more Americans began leaving their homes. Sales fell 24% from January through June, according to Bloomberg Second Measure.
But for some companies, online grocery sales and delivery remain red-hot, and...
