🕔 Retail Daily Minute | Jersey Mike's Targets $7.94B IPO, Hy-Vee Rolls Out 30-Minute Delivery & BNPL Grocery Use Keeps Climbing

Hello Omni Talk Fans! I remarked to my good friend and former VP of Content for Groceryshop, Ben Miller, that Amazon and Walmart, by way of Prime and Walmart+, are quickly making 30-minute or less delivery table stakes for the entire grocery industry.

In today’s Retail Daily Minute:

Jersey Mike’s targets a valuation of up to $7.94 billion in its upcoming U.S. IPO, aiming to raise as much as $1.09 billion.
Hy-Vee launches a chainwide 30-minute delivery and pickup option through its new “Get it faster” checkout feature.
A new LendingTree report finds 29% of buy now, pay later users are now using the loans for groceries, even as late payments climb.

Plus, a quote from a movie set in New Jersey.

👇 Listen now

Today’s Top Headlines

1. Jersey Mike’s Subs Targets $1.09B Raise, $7.94B IPO Valuation

Jersey Mike’s Subs is aiming to raise up to $1.09 billion in its U.S. IPO, targeting a valuation near $7.94 billion. The sandwich chain plans to sell 43.5 million Class A shares priced between $21-$25 each, listing on the NYSE under ticker “JMKE.” Morgan Stanley, Jefferies, and J.P. Morgan lead the offering as bookrunners. (Read More)

2. Hy-Vee Rolls Out Fast 30-Minute Delivery and Pickup Chainwide

Hy-Vee has launched a chainwide “Get it faster” option, letting online shoppers get orders picked up or delivered in as little as 30 minutes. Delivery costs a flat $4.95 fee, while in-store pickup has no minimum and is free for PERKS Plus members. Through Sept. 6, orders of $75 or more qualify for free standard delivery. (Read More)

3. Survey Finds BNPL Usage Climbing Fast for Grocery Shoppers

Groceries now rank third among purchases made via buy now, pay later, behind only clothing and tech devices, per LendingTree survey data. Consumers cite ease of use and easy approval as top reasons for choosing BNPL over other loan types. Nearly half of users have paid late in the past year, and 54% regretted a purchase. (Read More)

4. Tesco Boosts Rapid Grocery Delivery With Uber Eats & Deliveroo

Tesco is expanding rapid delivery by listing products on Uber Eats from August and on Deliveroo later this summer, adding to its Whoosh service, which already reaches over 70% of the UK via roughly 1,800 stores. Whoosh sales rose 51% last year. Shoppers using the new platforms will also earn Clubcard Prices and points. (Read More)

5. Adidas Opens Immersive Concept Store at Mall of America in Oct.

Adidas will open its first full-price Minnesota store, an immersive 9,161-sq.-ft. “brand concept” location at Mall of America this October. The store features four zones, including a customization area, a footwear-focused “City Shop,” and an Anthony Edwards shop, following Adidas’ strong first-quarter 2026 revenue growth. (Read More)

The Shelf & Its Data Never Lie