A new Instacart study released today by Dr. Robert Kulick of NERA Economic Consulting reveals the uniquely positive impact Instacart has had on the U.S. brick-and-mortar grocery industry and the American economy.
- 186,000 net new grocery jobs
- $6.4 billion incremental grocery revenue
Full Study <Here>
Our friends at Analytic Index announced today the expansion of the Analytic Index Platform to include data from and curated reports for Target ecommerce.
“For the first time ever, vendors can gain visibility into the inner workings of the Target marketplace, giving them an unprecedented advantage over the competition, specifically when it comes to organic and paid search optimization.”
- Mike Karlsven, co-founder and chief executive officer
Rite Aid reports Q2 earnings with a narrower than expected second quarter loss of $100.3 million.
“We are pleased with our second-quarter results, which show continued improvement in our underlying business as we delivered another quarter of revenue growth and Adjusted EBITDA that exceeded expectations,”
- Heyward Donigan, president and chief executive officer, Rite Aid.
and in our final story of the day, utilizing a strategic consultant Doc Brown Hy-Vee travels back to 1985 and monetizes customer receipts.
In all seriousness, Hy-Vee has done a really good job in finding the right partners to get into the red hot Retail Media space also partnering with Catalina, Citrus Ad and Quotient launching their own Retail Media Network in May of this year.
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