Grocery

Grocery app Gorillas, which promises to deliver goods in as quickly as 10 minutes, is laying off half of its office staff. In a press release, the company said it was letting go 300 employees from an estimated 600 “global office workforce.” (This workforce also includes roughly 14,400 staff working in warehouse and as delivery drivers.) The company is also planning to tighten its focus on five markets that account for 90 percent of its revenue: the UK, US, Germany, France, and the Netherlands. The company also operates…

Albertsons is deploying self-checkout grocery carts in some of its locations to try to make in-person shopping easier as consumers head back to brick-and-mortar stores.The carts are made by Veeve, a Seattle-based start-up founded by two former senior Amazon managers in 2018. Veeve is one of several companies developing smart grocery carts, which often use cameras and sensors to tally items as shoppers pick them off the shelves and place them in the cart, allowing shoppers to skip the checkout line.Amazon launched its own…

Online grocery delivery start-up Weee! encourages customers to share videos of recipes and favorite items on its app. It specializes in hard-to-find Asian foods, along with fruits, vegetables and other staples.Weee!Online grocery start-up Weee! specializes in hard-to-find foods from Asian and Hispanic cuisines. It nabbed another kind of rarity earlier this year: A big Hollywood name in its executive suite.The company hired Jon M. Chu, director of "Crazy Rich Asians" and the film adaptation of Lin-Manuel Miranda's "In the…

Mass shootings are defined here as events in which four or more people are killed with firearms in a public place, with the murders not being attributed to any other underlying criminal activity. Credit: The Conversation, CC-BY-ND An apparently racially motivated attack at a supermarket in Buffalo, New York, resulted in 10 deaths on May 14, 2022, with the teenage suspect allegedly targeting Black shoppers in a prominently…

A shopper prepares fill his cart at a Giant supermarket in Washington, DC, April 6, 2020.Evelyn Hockstein/The Washington Post via Getty Images)Grocery delivery platform Instacart said late Wednesday it has filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC), paving the way for the firm to list its shares.The grocery delivery company was valued at $39 billion in March 2021, when it raised $265 million. That made Instacart one of the most valuable venture-backed companies in the U.S.…

Americans paid less for gasoline but more for groceries and air travel last month as the broader pace of inflation eased slightly but remained historically high. A fall in energy costs led the way toward the smaller overall gain, with gasoline prices dropping a seasonally-adjusted 6.1% in April, following a steep advance in crude-oil prices in March after Russia’s invasion of Ukraine. Groceries rose by 1% over March and were up 10.8% over the last 12 months, the largest 12-month increase…

But things started to take a downturn last year. Despite the hype and money, these companies struggled to make a profit as lockdowns eased and people simply went back to shopping in person. What’s worse, they were caught in China’s new fight against antitrust behavior. The Chinese government was quick to impose fines and pen editorials questioning the value of the industry. As a result, the once-promising startups and big tech companies decided to cut back on their expansion plans, implement massive layoffs, or outright…

Meesho will integrate its grocery vertical in the core app in line with its vision to become a single shopping destination for the next billion users in India, the Softbank backed e-commerce firm said on Tuesday. The company expects to complete the integration of the grocery business by the first week of May and will rebrand it from Farmiso to Meesho Superstore."As more users from beyond Tier 2 regions get comfortable with the idea of shopping online, the demand for online grocery only continues to grow. We are thrilled…