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U.S. food delivery demand holds up despite cautious consumers

U.S. consumers are becoming more cautious with spending, but they are still paying for food and grocery delivery, an analysis showed. DoorDash, Uber Eats and Instacart reported strong second-quarter results, signaling resilient demand. The trend contrasts with signs of a broader slowdown, including a July drop in retail sales and slower growth at Walmart’s U.S. stores. Consumers cited time savings as the main reason for paying delivery fees, though some said they have cut back.