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Grocery Round-Up: Instacart’s Big Valuation Jump, Kroger’s Ghost Kitchens And Grocery Deals Come To Prime Day

PYMNTS

While we’re proud of these milestones, we believe we have a lot more work to do to deliver for all the communities we serve.”. Kroger this week announced a move into the world of prepared food via a newly announced partnership with Indianapolis-based ClusterTruck , a start-up specializing in delivery-only restaurants.

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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Indianapolis, Indiana. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. But only one can be selected, and the top 20 from which the elect will be chosen include: Atlanta, Georgia. Austin, Texas. Chicago, Illinois.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. In 2019, we increased GPU by $750. “We

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Gaming Platforms Betting On ‘The Metaverse’ As Next Internet

PYMNTS

Similarly, industry and society are moving on to new experiences in futuristic online “worlds” with functioning economies where real-world and virtual events commingle in an evolution of social media-style community offering safety from COVID and, increasingly, commerce. million viewers.

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Can Lyft Solve The Food Desert Problem?

PYMNTS

Grocery stores are undergoing historic transformation thanks to digital technology, transforming from rather staid operations to places that feature the latest retail and delivery innovations. That’s all fine and dandy, assuming consumers are within easy reach of those grocery stores.

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How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

Could unattended retail be the solution? In anticipation of a new glut of residents, some urban communities are encouraging alternatives to vehicle ownership, such as car-sharing services. TO DOWNLOAD THE JUNE EDITION OF THE PYMNTS UNATTENDED RETAIL TRACKER™, CLICK THE BUTTON BELOW. more people mean more problems.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

” via Indianapolis Business Journal. Steering the ship — handling all of the engineering, manufacturing, marketing, and retailing, even when you’re taking 90 percent of the subsequent profits — was ultimately too expensive of a proposition, especially in comparison to other, less-handholding-oriented start-ups. via Forbes.

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