MSG: Boxed Acquired as Economic Shifts Shake Up Online Grocery

With rising food costs eating into merchants' margins and changing how consumers shop, the return of Boxed is just the latest change in the quickly evolving eGrocery landscape. On Friday (Aug. 18), food and household products distributor MSG Distributors announced that it has acquired online consumer-facing wholesale retailer Boxed.com with a plan to bring back the eGrocer with new [...] The post Boxed Acquired as Economic Shifts Shake Up Online Grocery first appeared on PYMNTS.com.