Geissler | Jotup

INSTACART DRIVES OVER 231,000 GROCERY RETAIL JOBS, MORE THAN $15 BILLION IN SHOPPER EARNINGS, NEW ECONOMIC REPORT SHOWS

Retrieved on:

Thursday, December 14, 2023

Associate, Research, Instacart, Small business, NERA, Growth, NERA Economic Consulting, Geissler, Policy, Grocery store, Food delivery

SAN FRANCISCO, Dec. 14, 2023 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today released the first-ever Instacart Economic Impact Report, quantifying the company's economic impact across all four sides of the Instacart marketplace — customers, shoppers, retailers, and brands.

Key Points:

With its growing advertising business, Instacart has also helped more than 5,500 brand partners reach new customers and grow their businesses, driving an average of 15% incremental revenue lift for those companies, the report shows.
"In doing so, as this analysis shows, we're helping power local economies in the communities we serve.
We look forward to continuing to build new products and technologies that deliver measurable, sustainable value for every member of the Instacart community."
Notably, a disproportionately high percentage of the grocery jobs Instacart has helped generate have been at small businesses.

GEISSLER'S TO LAUNCH INSTACART'S SMART CARTS IN ALL STORES

Retrieved on:

Thursday, November 2, 2023

GM, IGA, Partnership, Supermarket, SAN, Online shopping, Conn, Geissler, Instacart

EAST WINDSOR, Conn. and SAN FRANCISCO, Nov. 2, 2023 /PRNewswire/ -- Geissler's Supermarkets, a seven-store IGA retailer with locations in Connecticut and Massachusetts, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a new partnership to bring Caper Carts, Instacart's artificial intelligence-powered (AI) smart carts, to all seven Geissler's locations, replacing a majority of their traditional shopping carts over the coming months.

Key Points:

Customers will be able to use their loyalty account on the carts, giving them access to personalized promotions and savings as they shop.
"We see clearly the value that Caper Carts bring to our customers and our business, in the short and long term.
Caper Carts are part of Instacart's Connected Stores technology offerings for retailers, helping grocers bridge the online and in-store shopping experience.
To learn more about Caper Carts and other Connected Stores technologies, visit www.instacart.com/company/retailer-platform/connected-stores .

Instacart Announces New Omnichannel and AI Solutions for Grocery

Retrieved on:

Thursday, September 7, 2023

SAN FRANCISCO, Sept. 7, 2023 /PRNewswire/ -- Instacart, the leading grocery technology company in North America, today announced several major updates to Instacart Storefront, which powers owned-and-operated e-commerce storefronts for more than 550 retail banners, and Caper Carts, Instacart's smart carts, to help retailers advance their e-commerce, digitize their stores, and build AI-powered omnichannel experiences for customers.

Key Points:

"We know that omnichannel customers in particular are more valuable to retailers, which is why Instacart is developing more solutions that help retailers serve their customers no matter how they shop.
And, good data is the foundation for good AI solutions for retailers.
Instacart Storefront is an end-to-end omnichannel digital commerce platform designed specifically for grocery, that brings the best of Instacart's technology to retailers' owned-and-operated storefronts – including Costco in the US and Canada, Price Chopper/Market 32, and Tops Friendly Markets.
The new Instacart Storefront is built on the same core infrastructure as the Instacart App, and gives retailers access to even more new innovations, faster – including those powered by Instacart's 150 proprietary AI models.