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Recent Articles

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Commentary: California's minimum wage hike for fast-food workers to US$20/hour could make restaurant prices so expensive that people will buy more groceries to cook at home instead; hike could also make other industries raise wages to compete for labor

Goldman Sachs rates Instacart at buy with US$48 target despite weaker-than-expected Q4 sales, noting company's positive exposure to growth in online channels for grocery shopping, retail media networks in digital advertising industry

Online grocery market ended January up 1.8% year-over-year to US$8.5B, though ship-to-home was sole category to see sales growth, up 7.8% to US$1.5B; pickup remains most popular fulfillment method with 47.3% of the market: Brick Meets Click/Mercatus

Metro's Q1 net earnings down 1.1% year-over-year to US$228.5M; food same-store sales up 6.1%, pharmacy up 3.9%

Hy-Vee expands partnership with Instacart, will integrate Instacart’s fulfillment capabilities for same-day delivery into all of its owned and operated websites and apps

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