The sporting goods manufacturer Adidas continues to row back for the current year.

Alibaba launched the service in the city in May 2021, selling fresh produce and consumer products in collaboration with big-name brands like Adidas.

Walmart on Monday cut its profit forecast.

That’s the question on everyone’s lips

Instacart confirmed the news in a press release and said that Fidji Simo, a former Facebook executive who took over as CEO of Instacart when Mehta departed the role, will be the future executive chairman of the board.

Chinese grocery delivery group valued at $3bn a year ago is now worth just $88mn.

Hooray, it’s a no-profit warning

​​The sugar high might be wearing off for app-based rapid grocery delivery companies, at least in New York City, as venture capital dries up for the money-losing operations and regulators home in on them.

The new 154,000-square-foot building at 480 Forbes Boulevard will allow for the co-location of several Astellas business units and functions currently located independently throughout the San Francisco area.

Group CEO Tim Steiner said “despite the near-term challenges facing the consumer” the business was in “a strong financial position” with “ample liquidity to fund the requirements of our existing and expected customer commitments into the mid-term.”

A new 2,000-acre international cargo handling hub will be constructed at the Edmonton International Airport after a $100 million investment from the federal government.

Uber is rolling out a range of new features designed to strengthen its position in the online grocery delivery space.

The Cotton On Group has unveiled its new headquarters and distribution centre for South Africa.

Amazon will acquire the primary care organization One Medical in a deal valued roughly at US$3.9 billion, marking another expansion for the retailer into health care services.