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The Great Grocery Race Shifts Into High Gear

PYMNTS

For food, they want to see the brands and the products and confirm they will be fresh and quality. The world’s largest retailer announced it has acquired the crowdsourced, on-demand delivery marketplace Cornershop for $225 million. Same-store sales, one of the favored metrics for judging retail, excluding fuel, increased 1.6

Metro 122
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Grocery Tracker: 7-Eleven Eyes 10K U.S. Stores

PYMNTS

This past week, the big box retailer’s shares got a boost upon the bell on Thursday morning, with prices up early—3 percent in the first hour of trading—to $171.45. Investor optimism in spite of the news perhaps indicates faith in the cost-cutting measures Whole Foods has pursued, along with boosting its less-expensive 365 brand.

Texas 101
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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

In the aftermath of Hurricane Harvey, AT&T and Verizon launched drones in Houston, Texas to inspect their towers — a process which would have been too dangerous and time-consuming to do manually. DroneCast has developed services for banner advertising and has delivered Ford-branded knickknacks to patrons at auto conventions.