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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 ....
Anticompetitive practices tilt playing field against independent grocers, trade group says The National Grocers Association (NGA) is urging federal lawmakers and regulators to clamp down on big-box and online grocery “giants,” claiming these and other large chain retailers engage in anticompetitive behavior that puts independent grocers at a marked disadvantage in supply and pricing. In a virtual press conference today, independent grocery industry stakeholders said small food retailers are being squeezed by big players such as Walmart, Amazon, Costco Wholesale, Target and Dollar General, among others, that use their scale to command more favorable supply terms, lower pricing, special product package sizes and first call on high-demand items. ....