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The Latest Breaking News from Instacart

Porsche and Instacart are planning blockbuster IPOs

The IPO market is currently favoring buyers, which could benefit the companies' major shareholders.

Axios

2 Home Improvement Stocks You Could Buy Instead of Bed Bath & Beyond

Rising demand due to evolving work models and an increase in consumer spending should bolster the home improvement industry’s growth. Retail giant Bed Bath & Beyond (BBBY) has been gaining amid the return of the meme frenzy. However, the company has recently announced several store closures and layoffs, which is…

StockNews.com

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Walmart’s online grocery lead on Amazon and Instacart is strengthening

Walmart holds a comfortable lead as the largest online U.S. grocer, according to the new national e-commerce forecast from Insider Intelligence, but there’s a fierce battle for No. 2 between Amazon and Instacart.

Tribune News Service

Chloe Fineman’s MTV VMAs dress was filled with snacks

The avante-gard dress was designed by threeasFOUR

The Independent UK

Kroger opens new warehouse in Maywood to expand delivery service

Customers will receive groceries directly from the Kroger warehouse when they order from the Mariano’s website, instead of only having third-party delivery options such as Instacart or Shipt.

Chicago Sun-Times

Food pantry for Disney employees still fights hunger as donations fall

Hit with a hefty dental bill, a Disney employee faced the choice of paying it or buying groceries.

Orlando Sentinel

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Demand for grocery delivery cools as food costs rise

U.S. demand for grocery delivery is cooling as food prices rise

The Independent UK

How Walmart And Instacart Innovated Retail Media To Beat Competitors

It’s no secret that Amazon's (NASDAQ: AMZN) ad business has been successful, driving $31 bil

Benzinga

Is that a Walmart worker in my house stocking my fridge? What’s that all about?

If the pandemic has taught us nothing else, Americans have apparently taken to the idea of home grocery deliveries.

Miami Herald

Kylie Jenner accuses Instacart driver of ‘lying’ after he claimed he heard her son crying at home

‘The lying for attention rubs me the wrong way,’ the reality TV star said on TikTok.

The Independent UK

Kylie Jenner slams delivery driver for 'lying' about her son crying and giving a bad tip

Kylie Jenner ordered some pepperoni to be delivered to house and the alleged delivery driver took to TikTok to share details of his experience

Daily Mirror

Massachusetts Supreme Court disqualifies app-based drivers initiative from November ballot

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot.

Ballotpedia

As Phoenix swelters, the nights are even worse than the boiling days

Temperature topped 110F on four consecutive days and has not fallen below 80F at night-time for the past week in the Arizona city, breaking several records

The Guardian - US

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Tribune News Service

Seattle City Council to consider ‘Pay Up’ measures to address gig worker pay, rights

SEATTLE — Since 2017, Jay Reeves has been working as a delivery driver for either Postmates or DoorDash, working, at times, seven days a week.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Instacart Confidentially Files For US IPO

Grocery delivery platform Instacart has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC. The company was valued at $39 billion in March 2021, but the valuation got slashed by 40% to $24 billion due to technology stocks’ sell off in 2022, CNBC reported. The company got a major boost during…

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

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news in one place.

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The Independent UK

Woman sparks debate after complaining her Instacart shopper is a man

‘I’d just cancel the whole order’

The Independent UK

Latest apps promise fast service but can they deliver?

Venture capitalists have poured billions into the latest pandemic delivery craze: companies that promise to get you a bottle of Tylenol, an iced coffee, hummus, a cucumber and a roll of paper towels

Al Jazeera

‘Pattern’ of gig worker murders reveals safety gaps: labour group

More than 50 US gig workers have been murdered while working since 2017, according to a report by a US labour group.

Input

Instacart will now pay shoppers for cheated tips (sometimes)

The company will need to provide much more than $10 tip reimbursement to satisfy gig workers.

StockNews.com

2 Surging Specialty Retail Stocks, With More Room to Run

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.

Benzinga

Instacart Cuts Valuation By 40%: Bloomberg

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…

Benzinga

Instacart Partners With Office Depot To Offer Same-Day Delivery

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…

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People

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