Boxed in talks to be acquired by Kroger for $500 million

Boxed New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More

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This app will help you figure out if you can fit that Costco-sized paper towel box in your apartment

 You’re probably going to get a better deal when you buy consumer products — like paper towels — wholesale, but at the same time you’re also buying a very, very large package of said consumer products. So, they might not always fit in your apartment. Wholesale goods are the primary play for a startup called Boxed, a retailer looking to play the sort of… Read More

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Boxed shows off the automated tech it uses to ship toilet paper and more

boxed fulfillment center Boxed offers the online equivalent of the bulk shopping offered at stores like Costco. But big discounts aren’t the only thing the company’s focused on. Boxed introduced automation to its Union, New Jersey fulfillment center earlier this year, installing a system where the items for shipping are transported to the people doing the packing. And the company says it was able to make… Read More

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