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Uber Freight To Invest $200M To Set Up Shop In Chicago

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Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

Chicago 109
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Canada’s Aritzia Opening Second Chicago Location

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is expanding in Chicago as it targets both brick-and-mortar and online expansion. According to Chain Store Age , the fashion retailer will open a flagship on Rush Street in Chicago this fall. The Vancouver, British Columbia–based company already operates a store in the Windy City, at Water Tower Place. Canada’s Aritzia Inc.

Chicago 102
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Sprig Stops Food Delivery To Chicago, Begins Laying Off Staff

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Sprig , the mobile app that allows customers to find and order “delicious meals” made with “honest ingredients” that can be delivered to their doorstep quickly, is changing up its delivery model and pausing operations in Chicago, according to TechCrunch. It’s very operationally intensive.

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Grubhub Mulls Sale As Market Share Drops

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Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers to help guide it through this difficult time.

Marketing 131
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Grubhub Mulls Acquisition As Market Share Dips

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Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers to help guide it through this difficult time.

Marketing 130
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Chef’d Halts Operations After Burning Through Cash

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Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. They are definitely having growing pains,” he said. “It

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Amazon, Whole Foods, ALDI Open Grocery Stores Despite Pandemic

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Physical grocery stores are opening despite COVID-19, with Amazon , Whole Foods and ALDI making plans to cut the ribbon on new brick-and-mortar sites in Chicago and other cities. Amazon Fresh, a new physical retail concept from Amazon, is setting up shop in four locations in the Chicago market, the Chicago Tribune reported.