Maplebear (CART)
Search documents
Instacart Partners with Leading POS Providers to Accelerate Caper Cart Adoption
Prnewswire· 2025-01-13 14:00
Partnerships and Technology Integration - Instacart partners with DUMAC and TRUNO to offer Caper Carts, AI-powered smart carts, to grocers of all sizes across North America [7] - DUMAC and TRUNO provide end-to-end POS integration, including referrals, implementation, maintenance, and technical support for Caper Carts [8] - The partnership aims to enhance the in-store shopping experience by enabling automatic item scanning, budget tracking, and direct access to discounts [8] Company Overviews - Instacart is the leading grocery technology company in North America, partnering with over 1,500 retail banners and facilitating services from more than 85,000 stores [3] - DUMAC, founded in 1952, specializes in innovative technology solutions for supermarkets, convenience stores, and retail industries, with over 70 years of successful implementation [4][5] - TRUNO is a premier provider of retail technology solutions, partnering with over 13,000 retail locations across North America to streamline operations and improve customer engagement [6] Impact on Retailers - The partnership allows independent retailers to offer innovative in-store tech, increasing basket sizes and affordability while delivering personalized shopping experiences [1] - Retailers can leverage Instacart's Connected Stores technologies, including FoodStorm and Carrot Tags, to drive innovation and growth opportunities [1] - The integration of Caper Carts helps grocers compete effectively in the evolving retail landscape by enhancing store operations and customer loyalty [1][7]
Instacart Is Joining the S&P MidCap 400. Its Stock Is Rising.
Investopedia· 2025-01-08 16:01
Key TakeawaysInstacart's stock rose on the news that it would join the S&P MidCap 400 index. The change, set for next week, will pair with the removal of Enovis, which is moving to the SmallCap 600. Instacart's stock has about doubled over the past 12 months. Shares of Instacart rose Wednesday on the news that the food-delivery stock will join a new index. Instacart's stock was recently up about 4.5%. The rise followed the announcement last yesterday that the company, also known as Maplebear (CART), will ...
Grocery Delivery Stock Pops Before Joining S&P 400
Schaeffers Investment Research· 2025-01-08 15:34
Stock Performance and Market Position - Maplebear Inc (NASDAQ:CART), also known as Instacart, will replace Enovis in the S&P MidCap 400 Index (SP400) before the open on Tuesday, Jan 14 [1] - Shares of Maplebear Inc are up 3 8% to trade at $44 54 following the announcement of its inclusion in the S&P MidCap 400 Index [1] - The stock has been supported by the $40 region since pulling back from its all-time high of $50 01 on Nov 7 and is currently testing resistance at the $45 level [2] - Maplebear Inc has been trading above its 100-day moving average since early September and boasts a 95 7% year-over-year lead [2] Analyst Sentiment and Short Interest - 13 out of 26 analysts rate the stock as a "hold," indicating potential for upgrades [3] - Short interest in Maplebear Inc has risen by 13 8% over the last two reporting periods and now represents 5 9% of the stock's available float [3] - An unwinding of bearish bets could further boost the stock's performance [3] Options Market Sentiment - The options market shows a short-term bearish bias, as indicated by Instacart stock's Schaeffer's put/call open interest ratio (SOIR) of 1 04 [4] - This SOIR ratio is higher than 77% of readings from the past 12 months, suggesting a potential sentiment shift [4]
Ulta Beauty Teams Up with Instacart to Deliver Beauty in a Flash Nationwide
Prnewswire· 2025-01-08 14:03
Partnership Overview - Instacart and Ulta Beauty announce a nationwide partnership to offer same-day delivery of Ulta Beauty's products through Instacart from over 1,400 stores across the United States [1][2] - The partnership allows customers to shop Ulta Beauty's wide selection of skincare, haircare, cosmetics, fragrances, and wellness products with delivery in as fast as an hour [3] Integration and Benefits - Ulta Beauty Rewards™ is integrated into the Instacart App, enabling members to earn points on every Ulta Beauty purchase made via Instacart by linking their accounts [3] - To celebrate the launch, customers can receive $10 off their $50 order through January 26, 2025 [3][4] Strategic Significance - The partnership aligns with the growing consumer focus on wellness and self-care, providing customers with more selection, convenience, and beauty options [3] - Ulta Beauty's collaboration with Instacart expands its reach, offering fast and seamless access to its products, reinforcing its mission to reimagine how and where beauty lovers can shop [3] Company Background - Instacart is the leading grocery technology company in North America, partnering with over 1,500 retail banners and facilitating online shopping, delivery, and pickup services from more than 85,000 stores [5][6] - Ulta Beauty is the largest U.S. beauty retailer, operating over 1,400 retail stores across 50 states and offering a wide range of beauty products and salon services [7]
Cut+Dry and Instacart Announce New Partnership to Boost Ad Reach in Foodservice
Prnewswire· 2025-01-06 14:00
New collaboration gives brands one of the largest advertising platforms for grocery and foodserviceSAN FRANCISCO, Jan. 6, 2025 /PRNewswire/ -- Cut+Dry, one of the leading e-commerce and advertising platforms for independent foodservice distributors and manufacturers, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Cut+Dry will integrate Instacart's Carrot Ads technology across its platform. Carrot Ads brings the best of Instacart advertising - prod ...
Pet Valu: Instacart Collaboration Could Be A Game-Changer
Seeking Alpha· 2025-01-06 05:11
Pet Valu Valuation and Performance - Pet Valu's valuation was starting to look reasonable based on 2025 estimates [1] - Since the last article, Pet Valu's share price has languished, losing value [1] Analyst Background - The author has 5 years of experience as a co-founder and hedge fund CIO/manager [1] - Prior to that, the author was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager [1] - The author writes articles as part of their own due diligence on interesting stocks [1]
Instacart Stock Shows Promise, but Can It Live Up to Its Valuation?
The Motley Fool· 2025-01-04 00:00
Company Overview - The Motley Fool is a financial services company founded in 1993 with the purpose of making the world smarter, happier, and richer [1] - The company reaches millions of people every month through various channels including premium investing solutions, free guidance, market analysis, personal finance education, top-rated podcasts, and its non-profit foundation [1] Business Operations - The company provides premium investing solutions to its customers [1] - It offers free guidance and market analysis on its website Fool com [1] - The company is involved in personal finance education [1] - It produces top-rated podcasts as part of its content offerings [1] - The Motley Fool Foundation operates as a non-profit entity under the company [1]
Is Maplebear Inc. (CART) Outperforming Other Retail-Wholesale Stocks This Year?
ZACKS· 2024-12-27 15:41
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Maplebear (CART) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.Maplebear is a member of the Retail-Wholesale sector. This group includes 212 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank consider ...
Pet Valu Expands Canadian Pawprint on Instacart
Prnewswire· 2024-12-12 14:00
Devoted pet lovers across Canada can now get pet supplies delivered directly to their doorstep from Canada's leading pet retailerSAN FRANCISCO and MARKHAM, ON, Dec. 12, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, and Pet Valu (TSX: PET), the leading specialty retailer of pet food and pet-related supplies in Canada, today announced that devoted pet lovers can now shop over 600 locations across the country exclusively on Instacart for same-day delive ...
Instacart CFO to Participate in Fireside Chat at Nasdaq Conference
Prnewswire· 2024-12-03 14:20
SAN FRANCISCO, Dec. 3, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced that Emily Reuter, CFO, will participate in a fireside chat at the Nasdaq 51st London Investor Conference on Tuesday, December 10th, 2024, at 9:00 a.m. GMT.An audio webcast of the event will be available on Instacart's Investors Relations website at https://investors.instacart.com/.About InstacartInstacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop ...