The Midwest retailer is integrating Instacart’s fulfillment capabilities for same-day delivery into all of its owned and operated websites and apps
Grocery operating at a $7 billion annual run rate, but not yet profitable
Over 150 will be let go in the coming weeks
Hatice Evren is the new U.S. group CEO, Getir & FreshDirect, and Sloan Eddleston is now CEO of FreshDirect
Whole Foods and Amazon Fresh also score well among shoppers
Analyst suggests company could be a target for Uber Eats
It will offer grocery delivery from nearly 200 stores in Texas and Oklahoma