Technology

The latest news, trends, and expert views in e-commerceomnichannel and retail data and analytics.

Technology

Instacart closes up 12% in Wall Street debut

The grocery tech company surged in early trading but faltered by day’s end, finishing its first day as a public company with a valuation just over $11 billion.

Technology

Instacart sets IPO at $30 per share

That’s the high end of the grocery tech firm’s range, bringing in $660 million during the company’s Wall Street debut.

The robot now has real-time data capabilities at more than 300 stores throughout the Northeast to improve on-shelf product availability and price accuracy.

The company also announced it is halting spending on R&D projects that do not contribute to the ramp-up of its flagship Danville Farm location.

Canada’s biggest grocer moves on-premises SAP database—touching most parts of its business—to a cloud-based infrastructure.

Aldi and DoorDash began their partnership in February, when the discount grocer began offering on-demand delivery to most of its locations across 38 states.

The updated share price also increases the delivery tech company's valuation to $9.3 billion to $9.9 billion as it now seeks to raise up to $660 million in its initial public offering.

The discounter said it hopes advertisers, as well as customers, are drawn to its new digital experience.

Meal Plans digital platform offers budget tracker, cooking mode, timer, shoppable ingredients and bigger recipe collection.

The perpetrators were making anonymous calls and demanding thousands of dollars in gift cards from grocers and mass merchandisers.

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