Walmart said today that it will buy e-commerce company Jet.com for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction. The acquisition will build on and complement the significant foundation already in place to […]
Category: Online Grocery Technology
Posted in, Grocery Industry, Northeast, Online Grocery Technology
NACS, Retail Firms Urge Debit Reform Bill Retainment
In a letter to House Chairman Jeb Hensarling (R-Texas), a member of the House Financial Services Committee, the National Association of Convenience Stores (NACS) expressed grave concerns with proposed legislation to repeal debit swipe fee reform. Last month, Hensarling included a provision to repeal the Durbin Amendment in his discussion of the Financial Choice Act. […]
Posted in, Bakery News, Beverage News, Center Store, Corporate Store News, Dairy News, Home Page Latest News, Independent Store News, National, Online Grocery Technology, Organic Natural, Suppliers, Sustainability News
Senate To Hold Final Vote On Compromise GMO Labeling Bill
On July 6, the U.S. Senate voted 65-32 to end debate and have a final vote on bipartisan national legislation regarding the disclosure of genetically engineered ingredients in food products. The compromise bill, S. 764, was championed by Senate Agriculture Committee Chairman Pat Roberts (R-Kansas) and Ranking Member Debbie Stabenow (D-Michigan). It includes reforms to […]
Posted in, Equipment & Technology, Grocery Industry, Home Page Latest News, Independent Store News, Midwest, Online Grocery Technology, Supply Chain News
County Market Expands Online Shopping In Illinois With Rosie
Niemann Foods Inc.-owned (NFI) County Market has expanded its partnership with Rosie, a provider of grocery e-commerce technology and services, to offer online grocery shopping at its two Quincy, Illinois, locations. County Market’s Click & Go service is expected to launch in Quincy this fall. The retailer also is adding delivery services to all e-commerce locations, […]
Posted in, C-Store News, Corporate Store News, Deli News, Grocery Industry, Home Page Latest News, Independent Store News, National, Online Grocery Technology
NACS, NGA Respond To U.S. Court Rejecting Visa, MasterCard Settlement
On June 30, the Second Circuit Court of Appeals overturned the class-action settlement in the case In Re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. That case led to a proposed settlement valued at $7.25 billion in 2012. This ruling called the settlement “unreasonable and inadequate.” NACS led efforts to oppose the $7.25 […]
Posted in, Grocery Industry, Home Page Latest News, National, Online Grocery Technology, Supply Chain News
Purchasing Food Online: The New Normal?
Whether it’s out of convenience, an effort to save money or a necessity to get just the thing you’re looking for, online shopping has become a staple for many. And it’s moved beyond just perusing for clothes and electronics; Americans also are searching for sustenance. In fact, 31 percent of Americans purchased food products online […]
Posted in, Food Service News, Grocery Industry, Home Page Latest News, Marketing News, Online Grocery Technology, Suppliers
Baker: FMI Connect Will Continue To Adapt As Industry Needs Change
As the Food Marketing Institute (FMI) brings together food retailers and manufacturers for its FMI Connect conference each year, it adjusts the offerings as industry needs change, just as grocers adapt to meet the evolving needs of their shoppers. This year, for example, FMI Connect’s “Supermarket Chefs,” a two-day immersion experience for culinary professionals, replaced […]
Posted in, Equipment & Technology, Grocery Industry, Home Page Latest News, Online Grocery Technology, Southwest
Kroger Introduces Online Grocery Shopping In North Texas And Louisiana
The Kroger Dallas Division is introducing ClickList, an online grocery ordering service, at select stores in North Texas, including Burleson (1631 SW Wilshire Boulevard), Fort Worth (3300 Texas Sage Trail), Prosper (1250 North Preston Road) and Wylie (2608 West FM 544). As an introductory offer, Kroger will waive the $4.95 service charge for a customer’s […]