Inc. magazine has ranked MyWebGrocer No. 1,834 on its seventh annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. “We’re experiencing a really exciting time of growth at MyWebGrocer and for the tech industry as a whole in Vermont,” said CEO Rich Tarrant. “We’re honored to be recognized by Inc. amidst so many other reputable and innovative companies.”
With the transaction, HGGC is hoping that MyWebGrocer can help clients like Kroger, Ralphs and smaller grocers fend off incursions by nontraditional rivals. The company claims more than 140 national retailers as customers, providing them with e-commerce services, Web sites and digital circulars. “We’ve become the digital arm of the brick-and-mortar grocery chain,” Richard Tarrant, MyWebGrocer’s founder and chief executive told DealBook.
Many experts have argued that it isn’t a matter of if — but when — this style of food shopping takes hold, there still aren’t many options. “The issue is not consumer demand,” Rich Tarrant, CEO of MyWebGrocer, tells Marketing Daily. “ Unless you live in a market with ShopRite, Ahold’s Peapod or Fresh Direct, you just don’t have access to online groceries.”