The Latest Breaking News from Instacart

Rising discretionary spending with the economy's recovery is driving the specialty retail industry’s growth, despite the rising inflation and supply chain disruptions. Therefore, it could be wise to invest in winning retail stocks, ODP Corp.(ODP) and Live Ventures (LIVE), which still have plenty of upside left.

American grocery company Instacart Inc has slashed its valuation by 40% to about $24 billion, Bloomberg reported. The food-delivery startup had been valued at $39 billion in its most recent fundraising round, the report added. The pandemic darling hoped the move to boost talent retention. Factors like higher interest rates, inflation, and a…

ODP Corp (NASDAQ:ODP) said its wholly-owned subsidiary, Office Depot, has partnered with the online grocery platform, Instacart. Under the agreement, the parties will offer same-day delivery from more than 1,000 Office Depot and OfficeMax stores across the U.S. More than 70 million U.S. households can shop from office and school supplies from Office Depot through…

SEATTLE — Trevor Rigdon has a plan for the next week: Pick up as many Instacart and DoorDash trips as he can, looking to average 10 to 12 hours of work each day.