Food and beverage represented less than 3% of US retail e-commerce sales last year.
Last year, Peapod was "a distant fourth in the grocery wars after Amazon, Walmart and Kroger."
Last year, Boxed became "a prime acquisition target, and several retailers including, reportedly, Amazon and Kroger, made entreaties. Kroger failed with a $400 million bid, according to Bloomberg."
The CEO of Boxed is driving US e-commerce sales "through a carefully built combination of technology, millennial-friendly marketing and a well-honed warehouse assortment" and believed earlier this year that 2019 would be "a breakout year for us."