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The $200 million deal could be worth more if aggressive growth targets are met.
Investments in service and stores are paying off, but profits slowed in its first quarter, the retailer said.
Peapod Digital Labs will accelerate growth in digital and personalization initiatives across the company's brands.
Price investments and expense leveraging drove gains, despite the effects of a chilly spring.
The partnership will build up to 20 U.S. warehouses for Ocado's proprietary technology in a big bet on e-commerce.
Tech-enabled shoppers are tough taskmasters, and retailers’ first-generation digital initiatives are no longer enough.
The former LinkedIn executive is experienced in developing and launching products.
The Lempert Report: The meal kit company differentiates itself with customer-centric content.
Jag Bath has been appointed to the newly created position to oversee the retailer's omnichannel offerings.
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