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GrubMarket has completed the acquisition of RJ Produce US: Fridge No More closes $15.4mln Series A Fridge No More, an instant grocery delivery service in the U.S., announces the closing of a $15.4mln Series A funding round. This will both enable the cloud grocer to expand operations across New York City and the East Coast, and to establish its leadership position in the instant delivery market. Fridge No More plans to grow their engineering and operations teams while rapidly scaling their network of cloud stores. US: GrubMarket acquires RJ Produce to further expand in Texas GrubMarket announced it has completed the acquisition of RJ Produce, a highly reputable and well-established produce wholesaler in Texas. RJ Produce have established deep relationships with growers directly from Mexico and domestically, and is a key sourcing channel for premium fruits and vegetables nationwide. Its branded products are sold at nationwide retailers including many household name ....
Picnic has teamed up with Belgian hypermarket chain Cora to conquer France Italy: SPAR expands its retail footprint in Sardinia Fratelli Ibba Group, a well-established retail organisation, has joined SPAR in Italy, growing the brand’s presence in the Italian region of Sardinia. Fratelli Ibba has acquired all the shares of Supermercati Gieffe and thereby also a stake in SCS, which holds the license for the SPAR Brand in Sardinia. “We are delighted that the Fratelli Ibba group have joined SPAR. They are well-established retailers in Sardinia who have distinguished themselves thanks to their organisational abilities and business results,” said Paul Klotz, President of DESPAR Italia. ....
Share this article Stor.ai s latest funding to empower grocers worldwide to manage their digital transformation TEL AVIV, Israel, March 16, 2021 /PRNewswire/ Stor.ai, (fka Self Point) the end-to-end digital commerce solution for grocers, today announced that it has raised $21M in an extended Series A round led by Meitav Dash and Mizrahi Tefahot, and supported by existing investor Kli Capital and individual investors including Mayer Gniwisch. Stor.ai will use the capital to integrate new, next generation features into its core offering, accelerate the company s growth in North America, and enter into new markets in Latin America and Europe, helping grocery stores thrive in an increasingly digitized market. ....