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Thursday December 18, 2014

Stories related to ‘FreshDirect’

NY Grocers Ban Together against Potential FreshDirect Subsidy

NY Grocers Ban Together against Potential FreshDirect Subsidy

Billionaire owner of Gristedes, John Catsimatidis, had banded together with other grocers in outrage over the $130 million subsidy that FreshDirect is expected to receive from the city. According to DNA Info, the group claims that the subsidy is a poor use of funds and places small business owners [Full Story…]

#FreshDirect Wants Bronxites for 200 New Jobs

#FreshDirect Wants Bronxites for 200 New Jobs

FreshDirect is hiring and wants Bronx residents to apply. The online grocer is moving from its Queens location to Mott Haven and wants local residents to apply for 200 new positions. Earlier this year the company chose the Bronx location over NJ after the city and state gave it $127 million in [Full Story…]

FreshDirect Asks Congress to Allow Food Stamp Purchasing Online

FreshDirect Asks Congress to Allow Food Stamp Purchasing Online

FreshDirect, the Internet grocer site, has requested Congress to pass legislation that would allow people to buy food stamps online, according to Crain's New York. Jason Ackerman, CEO of FreshDirect, wrote to the House Agricultural Committee saying that the, “ubiquity of the Internet in the 21st [Full Story…]

FreshDirect Rolls Out Brox-Wide Deliveries, Residents Skeptical

FreshDirect Rolls Out Brox-Wide Deliveries, Residents Skeptical

This past February, online grocer FreshDirect received a $128 million subsidy to move to the Bronx. This week, after much heated protest from residents about FreshDirect not delivering to their neighborhood, FreshDirect has decided to expand its service into the borough.  According to The New York [Full Story…]

FreshDirect’s $84 Million Bronx Tax Exemptions Approved

FreshDirect's $84 Million Bronx Tax Exemptions Approved

Although there were calls earlier this week for a delay in approving financial assistance for NY-based online grocer FreshDirect, the Industrial Development Agency approved $84 million worth of tax exemptions for the grocer in a 14 to 1 vote. The approved exemptions are in connection with a [Full Story…]

Fresh Direct Says No to Jersey, Yes to The Bronx

Fresh Direct Says No to Jersey, Yes to The Bronx

Although New Jersey tried to poach it, online grocery retailer Fresh Direct will build its new headquarters in the Bronx. The company plans to move into the space at the Harlem River Yards in 2015, an article in Crain's New York Business said. New Jersey had hoped to lure the Long Island City, [Full Story…]

NY and NJ In Food Fight Over Fresh Direct

NY and NJ In Food Fight Over Fresh Direct

NY and New Jersey are playing tug of war with Fresh Direct. The supermarket Web delivery firm has outgrown its Long Island City location and is searching for a new spot where it could add about 1,000 new jobs. NY wants Fresh Direct to stay put, hoping they will spend $113 million to build a [Full Story…]

Business Intelligence Platform Helps FreshDirect Keep Customer Guarantee

Business Intelligence Platform Helps FreshDirect Keep Customer Guarantee

NY-based online grocer FreshDirect, which distributes more than 3,000 varieties of fresh food products throughout the city, needed a way to identify which parts of the operation and which parts needed attention. In 2010, the company turned to SAP AG's BusinessObjects portfolio to drive its data [Full Story…]

Morrisons Buys a Stake in FreshDirect

Morrisons Buys a Stake in FreshDirect

Morrisons, a British grocery chain, has bought a 10 percent stake in the New York based online grocery company FreshDirect. According to DealBook, the company has lagged on the Internet front, and hopes to learn about how online business works by being a part of FreshDirect's board and embedding [Full Story…]

Times Case Study Discusses FreshDirect “Reinvention”

Times Case Study Discusses FreshDirect "Reinvention"

A New York Times case study describes how NYC online grocer FreshDirect, facing a crisis in 2008 in both lost employees due to an immigration crackdown and dissatisfied customers, reinvented its business, using technology. The company sought to enhance customer loyalty though a series of continuous [Full Story…]

FreshDirect Competing on Customer Service

FreshDirect Competing on Customer Service

As it seeks $100 million in new funding, FreshDirect, the NYC online grocer that delivers in the Northeast,  is facing new competitors such as Kroger and Safeway, who are looking at its business model to defend against Walmart's expansion into smaller markets, a BNET article said. It is [Full Story…]

FreshDirect Seeks $100 Million in Additional Funding

FreshDirect Seeks $100 Million in Additional Funding

Manhattan's FreshDirect is seeking an additional $100 million in funding to open up in a new, undisclosed market. The online grocery retailer also announced plans to add four CT communities including Greenwich and Riverside to its delivery route. It is also doubling its presence in Westchester [Full Story…]

FreshDirect iPhone App Developed by Schematic

FreshDirect iPhone App Developed by Schematic

FreshDirect, the online supermarket that allows you to order over 20,000 food items for overnight delivery, has released a new iPhone application. The app, developed by New York-based digital agency Schematic, shares its credentials with the FreshDirect website allowing perfect synchronization [Full Story…]

FreshDirect Reemerges From Crisis as Profitable

FreshDirect Reemerges From Crisis as Profitable

FreshDirect, the Long Island City based online grocery store, has finally become profitable with an estimated $240 million in revenue this year. Once mired in an investigation about undocumented workers, the company has been busy perfecting its technology and developing loyalty programs to keep [Full Story…]

Linkstorm Gets $2.8 Million in Funding

Linkstorm Gets $2.8 Million in Funding

For its fourth round of funding, New York-based online ad company Linkstorm has raised $2.8 million. The proceeds will be used for new hires to its sales teams and building out its platform. New investors include FreshDirect CEO Rick Braddock and Donn Rappaport, co-founder and CEO of American List [Full Story…]