Before the pandemic hit the United States, Walmart (NYSE:WMT) Grocery led the grocery delivery industry, consistently staying about a 50% market share of sales, according to Second Measure data. In March, Walmart dropped to a 25% share as it struggled to keep up with the surge of demand. Instacart (ICART) rose up the ranks, hitting a high of 57% in April before settling down into a 48% share in June.

The market gains required Instacart to quickly expand its workforce and customer experience, which costs money. Last week, Instacart received a fresh $200M infusion at a $17.7B post-money valuation. D1 Capital and Valiant Peregrine Fund led the round, which follows a $225M round in June and $100M round in July. Instacart says it now has 500 retail partners and delivers from nearly 40,000 store locations across the United States and Canada.

“We expect to deploy the new capital in a

Read More

Mayor Lori Lightfoot on Thursday touted $500,000 the city’s getting from restaurant delivery company DoorDash to winterize Chicago restaurants, while proposals by aldermen to further crack down on such apps during the coronavirus pandemic languish in City Council committees.



Erica Hunt et al. posing for the camera: Mayor Lori Lightfoot visits Camp DoorDash at the 2019 Taste of Chicago in Grant Park.


© Zbigniew Bzdak / Chicago Tribune/Chicago Tribune/TNS
Mayor Lori Lightfoot visits Camp DoorDash at the 2019 Taste of Chicago in Grant Park.

In announcing the grant from the delivery company to help restaurants prepare for winter, Lightfoot thanked DoorDash “for investing in Chicago and its restaurants to assist them in continuing to serve Chicagoans this winter.”

Loading...

Load Error

Third-party apps such as DoorDash, Grubhub and Uber Eats that charge additional fees to restaurants to deliver meals have drawn increasing scrutiny from elected officials since the virus outbreak began, as diners skittish about eating inside restaurants have been ordering more to-go meals, fueling a boom for the companies.

During a May City

Read More

LONDON–(BUSINESS WIRE)–The global online on-demand food delivery services market to register an incremental growth of USD 44.23 billion, witnessing a CAGR of almost 7% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the online on-demand food delivery services market in optimistic, probable, and pessimistic forecast scenarios.

Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of Online On-Demand Food Delivery Services market. Download free report sample

Amid the COVID-19 Crisis, the Revaluated and Updated Online On-Demand Food Delivery Services Market Report Says:

  • The online on-demand food delivery services market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic.
  • Due to the extensive spread of the virus across the globe, the Consumer Discretionary industry is anticipated to have Negative and Indirect impact
Read More

CarMax has completed its national roll out of the chain’s omni-channel car buying experience where customers can buy a car either completely from home, in-store or a combination of both.

The new buying experience enables a customer to buy a used vehicle online and have it delivered to the home, or the person can do part of the car-buying process online before completing the purchase in person at a store.

The Goochland County-based automotive retailer began rolling out its new car-buying service last year.

“When we set out to create the future of car buying, we knew that customers wanted personalized, convenient and on-demand retailer experiences where they can seamlessly navigate between online and in-person, all on their own terms,” Bill Nash, CarMax’s president and CEO, said in a statement.

CarMax said its research found that customers didn’t want to be forced to interact 100% inside of one of its

Read More

SAN FRANCISCO, Sept. 23, 2020 /PRNewswire/ — Digital signage and experience platform Raydiant today announced the launch of a new initiative that petitions small business review platforms to stop allowing users to leave negative reviews for issues caused by third-party delivery providers.

The COVID-19 pandemic forced companies of all sizes to adapt their operations to stay in business. Arguably, one of the businesses most affected by the pandemic were restaurants that were forced to close their in-location dining and shift to options such as delivery and curbside pickup.  

As part of this shift, many restaurants began using third-party delivery providers such as UberEats, DoorDash, GrubHub, and Postmates. These delivery providers serve as a platform to connect independent delivery drivers to deliver meals to the delivery app customers. 

Issues related to the delivery experience, such as order delays and poor driver communication, are outside the control of restaurants. Yet, many

Read More

The best online business card printing services will be able to take orders online to print your business cards, while also promising high print quality alongside a fast print turn around time.

Best online business card printing services

This is important, as even in our inter-connected world business cards remain a vital addition to any marketing strategy and a must for networkers looking to find new leads when mixing at events.

There are many questions to consider when looking for a company to design, print and ship your cards. How much of the design do you have to come up with yourself – can you start from a template? How many cards can be shipped at once, and how long will they take to get to you? What quality of paper will they print on, how thick are they, and what coating can be applied?  And, of course, there’s the

Read More

The pressures of the pandemic have fallen hardest on developing countries with weak governments. They are struggling to determine who is being infected and why, and to mitigate the economic impact of lockdowns and social distancing measures. If dealing with Covid-19 is stressing those states, however, the effort required to end the pandemic may exhaust them.

Speaking to the Financial Times this week, the Indian vaccine manufacturer Adil Poonawalla whose Serum Institute of India plans to produce a billion doses of an eventual vaccine, far in excess of any of its competitors warned that vaccinating everyone on this planet poses an enormous governance challenge.

He says there is no proper plan on paper for distributing any successful vaccine; Serum may well provide 500 million doses to an Indian government that has no way to get them to people. And India’s infant immunisation programme has at least given the country some

Read More

FedEx Corp.  (FDX) – Get Report shares surged to near two-year high Wednesday after the package delivery group posted stronger-than-expected first quarter earnings and said it was working on a plan to help distribute coronavirus vaccine treatments to governments and hospitals around the world. 

FedEx said adjusted earnings for the three months ending in August, the group’s fiscal first quarter, were pegged at $4.87 per share, up 60% from the same period last year and well ahead of the Street consensus forecast of $2.69 per share. Group revenues, FedEx said, rose 13.5% to $19 billion, thanks in part to big gains in it ground shipping business, which moves products for e-commerce giants such as Amazon AMZN and Walmart WMT.

Lower fuel costs helped improve margins at FedEx Freight, which saw a 9% decline in shipments but an operating margin of 15%, while FedEx Ground said volumes surged by

Read More

While most Long Island retailers have struggled with being shut down during the COVID-19 pandemic, Hometown Flower Co. has seen demand for its products bloom, a co-owner said.

Part of the credit is due to the florist’s business model, said Huntington resident Jaclyn Rutigliano, who owns the company with her husband, Marc Iervolino.

Launched in May 2019, Hometown Flower is a mobile florist that conducts all sales online. Since it has no external employees or storefront, the florist was not required to shut down in March as the state mandated most other nonessential businesses to do in order to help stop the spread of the virus.

Hometown Flower, which operates from May to October, sells locally sourced flowers that customers buy online in weekly, bimonthly or monthly subscriptions, or one-time purchases. The business delivers the flowers in a refrigerated van.   

Before the pandemic, Hometown Flower got most of its revenue

Read More

Boeing (NYSE:BA) and Airbus (OTCPK:EADSF) are looking at a reset on prospects for the commercial aircraft industry, which also affects the order inflows where the focus has shifted from looking who can book most orders in a year to containing the order book. Early on in the pandemic, our monthly coverage for order inflow and deliveries showed us that while deliveries came to a standstill, jet makers were still seeing higher order inflows, which primarily was driven by a strong start of the year for Airbus, but we expected that along the way, we would see that lead diminish as airlines and lessors would throttle back on new orders and cancel orders aligning themselves for a stretched market recovery requiring less aircraft in the near future.

Airbus Secures Type Certification for Its A350-900 from Russia

Source: Aviation Invoice

In this report, we will have a look at the orders and deliveries as well as cancellation activity for Airbus during

Read More