Companies like Target and Amazon realize the importance of quick, same-day delivery when it comes to food and beverage products.
Target agreed to pay $550 million in cash to acquire Shipt, a leading online, same-day delivery service platform that’s known for its grocery delivery service. Amazon, with its acquisition of Whole Foods, according to recent statistics has 19 percent of online food and beverage sales in the US, twice its closest competitor, Walmart, which had 9 percent of the market. Meanwhile the Giant supermarket chain in the Northeast and Midwest has a home delivery service called Peapod, which I’ve seen making deliveries in my neighborhood.