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Kroger and Instacart Announce Expanded Relationship, Investing in AI to Simplify Customer Experience, Improve Efficiency

1. Kroger expands partnership with Instacart to improve digital shopping experience. 2. Introduction of Cart Assistant to enhance personalized shopping for customers. 3. Instacart drives faster, more efficient deliveries through advanced technology. 4. Enhanced delivery access enhances customer convenience and increases order volume. 5. Long-standing collaboration contributes to innovation and traffic increase at Kroger stores.

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FAQ

Why Bullish?

The partnership enhancement may drive CART's growth by increasing user engagement and order volume, similar to past collaborations that boosted revenue for tech-centric companies.

How important is it?

The expanded collaboration is crucial for CART's growth strategy, likely impacting stock performance positively in the near term.

Why Short Term?

Improvements in delivery efficiency and customer engagement are likely to have an immediate effect on user growth and order fulfillment, boosting sales quickly.

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Long-standing collaboration helps retailer reach new customers with faster delivery , /PRNewswire/ -- Today, The Kroger Co. (NYSE: KR), America's grocer, and Instacart (NASDAQ: CART), the leading grocery technology company in North America, announced an expanded relationship to continue to innovate the customer digital shopping experience. Through improved efficiency, increased access to Express Delivery and new, agentic shopping experiences, the companies are finding new ways to provide customers the fresh food, exclusive Our Brands products, and pantry staples they want when and how they want to shop. The expanded relationship reaffirms Instacart as Kroger's primary delivery fulfillment partner across Kroger.com and the Kroger app, powering fast, accurate, and flexible delivery from nearly 2,700 stores across more than 20 banners nationwide. Together, the companies will also open new opportunities for CPG companies to reach customers with messages and offers through innovative engagement and retail media options. Introduces agentic shopping experiences to customers across the U.S. Kroger will be one of the first retailers to offer customers access to Instacart's AI Assistant - Cart Assistant, which it will offer to customers shopping on the Kroger iOS mobile app. Combining Kroger's deep passion for food with Instacart's leading AI technology, Cart Assistant helps customers find meal inspiration, build carts faster with favorite items, and plan meals more easily - all through a personalized, embedded experience. "Agentic shopping has the potential to change the way American families shop and eat," said Yael Cosset, Executive Vice President and Chief Digital Officer for Kroger. "Interacting with an AI agent makes shopping and meal planning as simple as a conversation, helping customers build their basket or offering meal suggestions, truly understanding what matters most to them. This is one more way Kroger and Instacart are making grocery shopping easy and fun for families across the country, saving them money and time." Improves customer experience with increased efficiency that improves order quality  As Kroger's primary delivery fulfillment provider across all Kroger digital properties, including Kroger.com, Instacart collaborates with Kroger to further elevate the customer digital shopping experience through improved quality and efficiency. Together, the companies are fulfilling more orders from stores – and fulfilling those orders faster and more reliably than ever before. Using AI-centric capabilities, Instacart and Kroger continue to innovate, improving both the experience for the customer and operational efficiency and reliability, in turn driving value back to the customer. Offers faster delivery to increasingly more customers  Customers are looking for broader and faster access to the products they love, with solutions that save them time, money and understand what matters most to them. To make mealtime easier and support last-minute shopping needs, Kroger and Instacart are increasing access to Express Delivery on Kroger.com, bringing fresh food, last-minute ingredients, and ready-to-heat meals to more customers in as fast as 30 minutes. Kroger Express Delivery adoption continues to rapidly grow, proving how the relationship delivers convenience and speed while capturing new customer trips. "For more than a decade, we've helped grocers compete with enterprise-grade technology and fulfillment capabilities built specifically for the grocery industry," said Chris Rogers, CEO of Instacart. "Kroger is one of our most deeply integrated partners, and they've doubled down on Instacart as their primary fulfillment and delivery provider across all Kroger's digital properties, including Kroger.com, because we enable consistent, fast, and high-quality grocery delivery at scale. We couldn't be more excited about the next chapter of our partnership, as Instacart powers the new AI capabilities that will shape the future of how Kroger customers shop. Together, we're making shopping more personalized, intuitive, and efficient for millions of families across the country." Since 2017, Kroger and Instacart have delivered some of the biggest innovations in grocery, with first-of-its-kind services and launches, from nationwide delivery and Express Delivery to advanced marketing solutions, fuel-points integration across both companies' apps, and AI-powered Caper Carts. The ongoing relationship continues to enhance the customer experience, drive more traffic to Kroger stores, and create new opportunities to reach customers with relevant offers on the products they love. About Kroger: At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies more than 400,000 associates who serve over 11 million customers daily through an eCommerce shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site. About Instacart Instacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with more than 1,800 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from nearly 100,000 stores across North America on the Instacart Marketplace. Instacart makes it possible for millions of people to get the groceries they need from the retailers they love, and for approximately 600,000 Instacart shoppers to earn by picking, packing and delivering orders on their own flexible schedule. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of CPG brands – from category leaders to emerging brands – partner with the company to connect directly with consumers online, right at the point of purchase. With Instacart Health, the company is providing tools to increase nutrition security, make healthy choices easier for consumers, and expand the role that food can play in improving health outcomes. For more information, visit www.instacart.com/company, and to start shopping, visit www.instacart.com. Maplebear Inc. is the registered corporate name of Instacart. SOURCE The Kroger Co.

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