Instacart has lowered its forward guidance thanks to a crowded grocery delivery market and growing consumer discomfort.

The people who deliver your groceries through Instacart just took a big pay cut. Drivers for the delivery service are now paid a minimum of $4 per order, down from $7, according to the company and ...

and because they arrive on a store-owned delivery truck, deliveries tend to be scheduled farther in advance," Bohne notes. The stiffest competition Instacart may face is not another online ...

The new policy lets members use Instacart when they “just need an item or two," Instacart said in a letter to shareholders ...

Instacart forecast slower sales growth this quarter, as average order sizes for the grocery-delivery company decline further.

Last year, Starbucks found success in a pilot program that offered overnight delivery (between 5 p.m. to 5 a.m.), when its cafes are typically closed. In 2022, Instacart announced that it would ...

grocers’ low profit margins leading to higher delivery costs, and the complexities of inventory management and order fulfillment. While growth has slowed, Instacart remains optimistic ...

Instacart posted higher revenue in the fourth ... Shares fell 11% in postmarket trading. The grocery-delivery company, formally known as Maplebear, on Tuesday posted a net income of $148 million ...