You just can’t find a local grocery anymore, and it’s going to get even harder to find one soon.

With mergers and acquisitions, small grocers and even chains have been losing ground to mega stores for years. But a new kind of acquisition is threatening now: the super stores are buying food-delivery businesses.

In an all-cash deal, Target is purchasing a grocery-delivery startup for $550 million. It probably won’t get done before Christmas, but soon you’ll be able to get their groceries the same day you order.

Already Delivered

Actually, Target already rolled out same-day delivery in New York City. But the company is making a big investment in the service to keep up with the competition on a larger stage.

Walmart and Kroger

Lee McKnight, a professor at Syracuse University’s school of information studies, says every other grocer should be concerned. There is a “new breed of cyber physical retailers,” he said.

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  • Advising the CEO Not to Resign (FindLaw’s In House)

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