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DoorDash Plans IPO, Diversifies with Grocery Delivery

DoorDash plans to open an initial public offering in the fall, according to people familiar with the matter, reported Bloomberg (Aug. 22). The company had previously considered going public through a direct listing but decided …

Moving Forward, Grocery Retailers Must Embrace Digital

Online grocery shopping has surged during the COVID-19 pandemic. Before COVID-19, online accounted for less than 10% of food sales, according to Ernst & Young LLP (EY). By June, 45% of food sales were online. …

Foodservice Enters Survival Mode

The coronavirus pandemic is likely going to create longterm changes in the restaurant industry. Nearly one-third of consumers plan to cook at home even more than they do now once stay-at-home recommendations have lifted, according …

Going the ‘Extra’ Last Mile for Deliveries

As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …

E-Commerce: The New Normal

E-commerce is no longer considered an option for retailers if they want to keep up with competition. The average online grocery shopper spends 32.7% of the grocery budget online, according to a report from Acosta. …

Coronavirus’ Impact on E-Commerce

As Chinese consumers stay home to avoid the coronavirus, delivery and e-commerce companies have an opportunity for growth. People are turning to ordering groceries online from companies with quick delivery times, reported CNBC (Feb. 6). …

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