Grocery

Food and grocery delivery is probably one of the worst business models. What should such businesses do to become profitable?

SEATTLE/NEW YORK (June 27): When Amazon.com Inc.'s US$13.7 billion ($19 billion) bid to buy Whole Foods was announced, John Mackey, the grocer's chief executive officer, addressed employees, gushing about Amazon's technological innovation.

SINGAPORE (8 Sept): Sheng Siong Group is expected to pick up higher earnings in 2H16 according to Daiwa Capital Markets, which has maintained its “overweight” call in a Thursday report.