NEW YORK— Walmart is expanding its grocery delivery service with ride-hailing service Uber to two more markets— Dallas and Orlando, Florida. The move, announced Monday, marks the latest steps that Walmart is taking to offer more options for online grocery shoppers amid increasing competition from online leader Amazon.com. On Wednesday, stockholders of Whole...
More and more retailers and grocers alike are looking to grab a share of the online food market before it's too late.
Amazon was granted a similar patent for a floating warehouse of sorts last year.
Faced with the threat of Amazon, Wal-Mart has been rolling out initiatives like "easy reorder" and free two-day shipping.
NEW YORK— Walmart's recent spending spree to try to catch up to Amazon seems to be paying off. Walmart had paid more than $3 billion for Jet last year, and since then picked up smaller players including ModCloth and Moosejaw. Greg Foran, who runs Walmart's U.S. stores, said Amazon is a "strong competitor" and that Walmart will continue with its strategy and keep an eye on...
The e-commerce giant was mentioned by mall operators, a satellite TV provider, an auto parts retailer and pharmacy and drug companies.
Amazon.com announced Tuesday a private debt offering to fund its acquisition of Whole Foods Market.
Amazon.com announced in June it planned to issue debt to finance its proposed $13.7 billion deal to buy Whole Foods Market.
CNBC's Landon Dowdy reports on the winners and losers in the consumer staples space.
"There's just a tremendous fear of Amazon everywhere," Jim Cramer says.
Amazon is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them.
The activist hedge fund took a stake in the meal-kit maker despite Amazon's disruptive deal for Whole Foods.
German grocer Aldi said on Sunday it has partnered with Instacart to deliver groceries in three U.S. cities.
Jana Partners' Barry Rosenstein said EQT is putting executive compensation ahead of shareholder value in its planned deal for Rice Energy.
Blue Apron's IPO has been under scrutiny after Amazon-Whole Foods announced a potential merger, Recode reports.
Amazon is exploring a technology to produce tasty prepared meals that do not need refrigeration.
Amazon has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year.
Blue Apron shares plunge after the company reveals start-up cost problems.
Agitating for changes to boards, management and strategy, powerful investors have targeted large companies this year
"Our business has opportunity to grow," Matthew Salzberg tells CNBC.