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5 Worst-Performing IPOs Of 2021
Wednesday, December 29, 2021 - 4:30pm | 839The public markets saw a record number of IPOs and capital raised in 2021. Around 1,500 companies went public via traditional IPO, direct listing or via SPAC merger. Public listings in 2021 raised over $490 billion. Here is a look at the five worst-performing IPOs of 2021. (A previous...
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Uber To Acquire Remaining Share Of On-Demand Grocer Cornershop
Monday, June 21, 2021 - 12:07pm | 911Uber Technologies (NYSE: UBER) is acquiring the remaining shares in Cornershop, an on-demand grocery delivery platform. According to a Securities and Exchange filing this past weekend, Uber will acquire the remaining 47% of the company it doesn't already own. Cornershop CEO Oskar Hjertonsson...
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Making Sense Of 2020 Grocery Trends: Online Shopping, Frozen Foods, Meat
Monday, September 28, 2020 - 8:04am | 893Grocery e-commerce platform Marcatus and consumer industry insights company Incisiv detailed in a new study current and future trends in the physical and online grocery space. Marcatus And Incisiv's Findings Marcatus and Incisiv analyzed relevant industry data and surveyed 60,000 people across...
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Study: Walmart Outsells Amazon In Online Groceries
Tuesday, August 18, 2020 - 12:45pm | 364For the first time ever, Walmart Inc (NYSE: WMT) outsells Amazon.com, Inc. (NASDAQ: AMZN) in the online grocery category, according to a Tabs Analytics report. The Study: Tabs surveyed 1,000 adults in August to better understand their buying patterns across 15 consumables categories. Overall online...
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Coronavirus Drives Surge In Online Grocery Penetration For Players Like Amazon Prime Now, Walmart
Wednesday, May 6, 2020 - 3:45pm | 426Credit and debit card data compiled by BofA Securities suggests that online grocery spending trends remain "meaningfully elevated," even though total grocery spending moderated since the "stock-up" peak in March. The Thesis Although online grocery sales have been slowly moving...
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Walmart Shifts Pickup Strategy To Cater To SNAP, At Risk Customers
Wednesday, April 15, 2020 - 2:51pm | 348Walmart Inc (NYSE: WMT) is taking steps to make it easier for SNAP customers and those at risk to pick up groceries. SNAP Benefits Walmart will offer flexible payment options to customers participating in the Supplemental Nutrition Assistance Program (SNAP). The company is working with the U....
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For Walmart And Amazon's Grocery Businesses, The Pressure Is On
Tuesday, April 7, 2020 - 3:45pm | 378RBC's first-hand checks and surveys point to Walmart Inc's (NYSE: WMT) grocery business gaining market share in the current environment, but it merely marks an acceleration of prior trends, according to Mark Mahaney. What To Know Walmart's online grocery business is clearly a "...
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A Brief Look At Online Grocery Trends Amid The Coronavirus
Friday, March 27, 2020 - 3:50pm | 288The coronavirus has forced many people to embrace online grocery shopping options and this trend will help spur overall e-commerce growth amid the coronavirus pandemic and related "stay at home measures," Loup Ventures Andrew Murphy and Will Thompson wrote in a blog post. Loup Ventures...
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Ordering Groceries Online Could Be A $100 Billion Industry In Less Than 10 Years
Monday, January 30, 2017 - 3:36pm | 345If you order your groceries online, you are likely part of the small minority of households. But within 10 years, the majority of households will in fact be placing orders for groceries online. CNBC, citing a report from the Digitally Engaged Food Shopper, reported that around 25 percent of...