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Kroger Teams With ClusterTruck To Serve Up ‘Ghost Kitchens’

PYMNTS

is launching two “ghost kitchens” in its stores in partnership with Indianapolis-based ClusterTruck , which operates delivery-only restaurants. The Kroger stores slated for the new service are in Indianapolis and greater Columbus, Ohio. The operation will deliver restaurant-quality food from a menu of 80 meals.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

With the brand’s proprietary digital platform and 1 million-member base in place, Fabletics said it uses deep customer insights and enhanced market data to determine the most strategic locations for its retail locations. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

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

PYMNTS

Instacart saw its valuation double to just over $17 billion, Kroger made its move on the prepared food market, Amazon brought its grocery business into the Prime Day fold while Whole Foods reports struggling to keep up with the post-pandemic boom town in grocery sales. Instacart is now valued at $17.7 Kroger’s Ghost Kitchens.

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. The problems reportedly stem not from FreightRover, but from Celadon Group Inc.,

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Powering-Up Tools: Your Education Resources

Independent Banker

The courses are designed to help community bankers build a strong foundation in eight key areas of bank operations: compliance security, management, information technology, customer service and sales, teller training, human resources and health and safety. 20—23, 2015 in Indianapolis, Ind., Education Online. Community Banking Live.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project.

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