Uber Eats Expands Wakefern Deal to 375+ Northeast Supermarkets

M&A · Partnership
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Uber Technologies and Wakefern Food Corp. have expanded their partnership, letting customers shop from more than 375 Wakefern-affiliated supermarkets across the Northeast through Uber Eats. Participating banners include ShopRite, Price Rite Marketplace, The Fresh Grocer, Morton Williams, Dearborn Market, Di Bruno Bros., Fairway Market and Gourmet Garage. Through the Uber Eats app, customers can order fresh produce, meat, seafood, pantry staples, prepared foods and household essentials, choosing between on-demand and scheduled delivery. To mark the launch, Uber Eats is offering eligible customers discounts of up to 30% on their first order from participating Wakefern banners, while Uber One members will be charged no delivery fee on eligible orders. The launch advances Uber Eats' grocery and retail delivery expansion, following earlier tie-ups that brought more than 800 Best Buy stores, more than 14,000 Dollar General locations and nearly 9,000 Dollar Tree stores onto the platform.

Impact on stocks 4

Consumer Staples▲ · 2 stocks
Robotics & Physical AI▲ · 1 stocks
Uber Technologies Inc
UBER
▲ PositiveDemandrelevance

Uber Eats expands its grocery delivery offering to 375+ Wakefern supermarkets, adding more merchants and order volume to its platform.

Consumer Discretionary▲ · 1 stocks

Off-coverage companies 9

Wakefern Food Corp.Private▲ Positive
Demandrelevance

Wakefern banners gain access to Uber Eats' delivery platform, expanding their reach to on-demand and scheduled delivery customers.

Dearborn MarketPrivate± Mixed
relevance

Di Bruno Bros.Private± Mixed
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Fairway MarketPrivate± Mixed
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Gourmet GaragePrivate± Mixed
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Morton WilliamsPrivate± Mixed
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Price Rite MarketplacePrivate± Mixed
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Shoprite Holdings LtdPrivate± Mixed
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The Fresh GrocerPrivate± Mixed
relevance

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