The battle for online groceries: how Woolworths relaunched Milkrun

The battle for online groceries: how Woolworths relaunched Milkrun
Milkrun guarantees deliveries within 60 minutes but has averaged a delivery time of 31 minutes. (Image: Milkrun)
Ella Somers
A failed grocery delivery service startup that was brought back to life by a supermarket giant will now have even less competition in New Zealand’s online grocery space after the Icehouse Ventures-backed Supie went bust.Woolworths scooped up Milkrun after the startup went under in April due to a difficult trading environment, with 400 people losing their jobs in the process. Milkrun had some big financial backers behind the startup – including AirTree Ventures, Tiger Global, Mike Cannon-Brookes and Scott Farquhar &nda...

More Retail

Foodstuffs settles land covenants case
Retail

Foodstuffs settles land covenants case

Fines can reach up to $10 million or three times the commercial gain, ComCom said.

Gregor Thompson 19 Jun 2024
Warehouse shares rise after cost cut signals
Retail

Warehouse shares rise after cost cut signals

Competition from every direction will make it hard to bounce back, analysts say.

Gregor Thompson 19 Jun 2024
Consumer confidence near historic lows – Westpac
Retail

Consumer confidence near historic lows – Westpac

42% of households feel their financial position has deteriorated.

Staff reporters 18 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024