Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years [Business Insider]
Maplebear Inc. (CART)
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Source: Business Insider
In some cases, baskets have seen price hikes exceed the overall official rate of inflation. Paper receipts are fast becoming a relic of a bygone era at the grocery store, especially as app-based ordering and tracking have gotten more popular. And while few shoppers would save their old grocery receipts, using apps like Instacart keep your order history for years. Now, some customers are using those past orders to discover inflation's highly personal impact on them. For Crisman White, a 33-year-old escape room designer from Virginia, the price of a basket of groceries from his local Publix nearly doubled since October 2019. In a video on TikTok, White shared his experience using Instacart's "reorder items" function, explaining how a $35 order skyrocketed to more than $62 in the past five years. "I went back to my first Instacart because that was the only thing that I could really track exactly what I purchased," he told Business Insider. White said he was motivated to tr
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News
- Is There Any Way To Save on Food With Both Grocery and Fast Food Prices Rising? [Yahoo! Finance]Yahoo! Finance
- Is There Any Way To Save on Food With Both Grocery and Fast Food Prices Rising? [Yahoo! Finance Canada]Yahoo! Finance Canada
- A retired baby boomer who still needs to work to get by thinks Social Security should be seen as a right in the US [Yahoo! Finance]Yahoo! Finance
- A retired baby boomer who still needs to work to get by thinks Social Security should be seen as a right in the US [Business Insider]Business Insider
- US Digital Grocery Industry Research 2024: On Pace to Become the Largest Ecommerce Category by 2026 [Yahoo! Finance]Yahoo! Finance
CART
Earnings
- 5/8/24 - Beat
CART
Sec Filings
- 6/28/24 - Form 4
- 6/26/24 - Form 144
- 6/24/24 - Form 4
- CART's page on the SEC website