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Uber Eats to Power Restaurant Delivery on Instacart
Prnewswire· 2024-05-07 12:00
Partnership gives Instacart customers easy access to food delivery from hundreds of thousands of Uber Eats restaurant partners across the U.S.Instacart+ members now get even more value, with $0 delivery on grocery and restaurant orders over $35SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will ...
ROFDA Members Select Instacart for Retail Media Network
Prnewswire· 2024-05-06 13:00
ROFDA wholesalers, initially representing more than 2,250 stores across the U.S., will launch new online retail media networks powered by Instacart's Carrot Ads solution SAN FRANCISCO and CHICAGO, May 6, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and members of Retailer Owned Food Distributors & Associates (ROFDA), a coalition of wholesale food distributors cooperatively owned by their U.S. independent retail grocer members, today announced that R ...
Instacart Becomes Kohl's Same-Day Delivery Partner, Continues Expansion Beyond Grocery
PYMNTS· 2024-05-02 16:56
Instacart has become the exclusive same-day delivery partner of Kohl’s.With Kohl’s now on the Instacart App, nearly 109 million households can access same-day delivery from 1,172 Kohl’s department stores across the United States, Instacart said in a Thursday (May 2) press release.Customers can shop and order same-day or scheduled delivery of accessories, home essentials, skin care, beauty items, pet supplies and other products, while paying the in-store price and earning Kohl’s Rewards, according to the rel ...
Has Maplebear Inc. (CART) Outpaced Other Business Services Stocks This Year?
Zacks Investment Research· 2024-05-02 14:47
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Maplebear (CART) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Maplebear is a member of the Business Services sector. This group includes 315 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the ...
The Save Mart Companies Announces Expanded Partnership with Instacart
Prnewswire· 2024-05-01 10:00
Save Mart, FoodMaxx, and Lucky banners to leverage Instacart's Caper Cart, FoodStorm, and Storefront Pro solutions to create omnichannel shopping experiences SAN FRANCISCO and MODESTO, Calif., May 1, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and The Save Mart Companies, the largest regional grocer based in California, today announced their expanded omnichannel partnership featuring several Instacart in-store solutions such as Caper Carts, Instaca ...
Instacart to Report First Quarter 2024 Financial Results on May 8, 2024
Prnewswire· 2024-04-17 13:25
SAN FRANCISCO, April 17, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART) today announced it will report its first quarter 2024 financial results after market close on Wednesday, May 8, 2024. The company's first quarter 2024 Shareholder Letter will be available on Instacart's Investor Relations website at https://investors.instacart.com.Instacart management will also host a conference call to discuss the company's results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, May 8. To access a live ...
Maplebear: Growth Acceleration With Potentially Lower Cost Structure
Seeking Alpha· 2024-04-17 01:27
Klaus Vedfelt/DigitalVision via Getty ImagesInvestment summary My recommendation for Maplebear (NASDAQ:CART) is a buy rating. Based on the latest financials and customer cohort performance, I believe CART is going to see GTV growth acceleration that supports the current valuation. Importantly, management has now set its focus on further streamlining the business, which I expect will lower the cost structure, proving more room for margin to expand. Business Overview Maplebear (also known as Instacart) is ...
INSTACART APPOINTS VICTORIA DOLAN TO BOARD OF DIRECTORS
Prnewswire· 2024-04-16 13:15
 SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced that Victoria Dolan, former CFO of Revlon, has joined the company's Board of Directors. Dolan is a seasoned financial expert and business leader with more than 30 years of experience in the consumer packaged goods (CPG) and retail industries. Separately, after years of dedicated service, Jeff Jordan, General Partner at Andreessen Horowitz, and Barry McCarthy, Pres ...
Future of shopping: Instacart debuts AI-driven ‘smart carts' to NYC retailers
New York Post· 2024-04-06 16:29
The future is in aisle five. Artificial intelligence-powered smart carts are rolling out in Big Apple supermarkets — and they do practically everything except cook the food. Instacart’s Caper Carts use AI to identify items, their price and the weight of produce — and allow shoppers to check out stress-free with a click on a touch screen. 5 Instacart’s Caper Cart uses artificial intelligence to automatically detect each product, its price and the weight of produce. Helayne Seidman“2024 is the new 2050,” o ...
The Hype Machine Trash Bin: 3 Overrated Stocks to Dump Immediately
InvestorPlace· 2024-04-03 19:43
Barron’s published an article on March 25 entitled “GameStop Stock Is Having Its Best Day Since Last Year. Earnings Are Tuesday.” As is evident from the headline, the article discusses GameStop’s (NYSE:GME) runup before its Q4 2023 earnings release. Like a lot of overrated stocks to sell, the hype didn’t match the reality. “Shares of GameStop were up 7.8% to $14.12 on Monday morning. If the gain holds through the close, it would be the stock’s largest percentage increase since Dec. 13, according to Dow Jone ...