The M&A window of opportunity is wide open
The bigger the better, on merit
Home deliveries remain a headache for the grocery sector: Walmart has lost yet another final-mile provider, as Skipcart joins the lengthening list of firms that have thrown in the towel after trying to make money by delivering groceries for the giant retailer.
Skipcart chief executive Ben Jones said his company had handled more than 50,000 deliveries a month for the retailer, but was losing money “hand over fist”.
He now believes delivering groceries is a failed concept.
“It doesn’t work today, and it’s ...
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