Country for PR: United States
Contributor: PR Newswire New York
Friday, October 08 2021 - 02:00
AsiaNet
Instacart Acquires FoodStorm, Introduces New Prepared Meals and Order-Ahead Enterprise Technology Solution for Retailers Across North America
SAN FRANCISCO, Oct. 8, 2021 /PRNewswire-AsiaNet/ --

-- Instacart Will Integrate FoodStorm's Technology into Its Leading Enterprise 
Offering, Enabling Retail Partners to Automate Their Catering and Prepared 
Foods Operations & Provide Customers with a More Seamless Grocery Meals 
Experience 

-- FoodStorm's Talented Team Will Join Instacart as Part of the Acquisition

Instacart, the leading online grocery platform in North America, today 
announced its acquisition of FoodStorm ( 
https://c212.net/c/link/?t=0&l=en&o=3315903-1&h=3126850528&u=https%3A%2F%2Ffoodstorm.com%2Fus%2F&a=FoodStorm 
), a SaaS order management system (OMS) that powers end-to-end order-ahead and 
catering experiences for grocery retailers. With this acquisition, Instacart is 
expanding its enterprise technology portfolio to further support its retail 
partners' ecommerce needs, investing in more innovative technology solutions 
that help retailers grow, compete, and better meet the evolving needs of their 
customers. 

Logo - https://mma.prnewswire.com/media/513450/Instacart_Logo.jpg 
Photo - https://mma.prnewswire.com/media/1654758/FoodStorm.jpg 
Logo - https://mma.prnewswire.com/media/1654759/Instacart_Foodstorm_Logo.jpg 

The process for ordering prepared foods from grocers typically requires 
customers to call the store or place an order in-person - a labor-intensive and 
inefficient process that often results in both missed sales opportunities for 
retailers and a cumbersome customer experience. FoodStorm helps solve this 
problem by creating a more seamless experience for both retailers and 
customers. FoodStorm has developed a comprehensive SaaS offering that covers 
multi-channel ordering - ecommerce, phone or in-store kiosk - order management, 
and payment and fulfillment. Its technology also integrates easily with a large 
variety of third-party systems including point of sale systems (POS) and offers 
customer relationship management (CRM) capabilities that help grocers collect 
feedback, market their offerings and leverage promotional features. 

FoodStorm was founded 14 years ago and has developed strong partnerships with a 
number of Instacart's existing retail partners including Albertsons Companies 
banners Balducci's and Kings Food Markets, as well as Bi-Rite Market, Mollie 
Stone's Markets, Uncle Giuseppe's and Roche Brothers Supermarkets. Looking 
ahead, Instacart will make FoodStorm's technology available to more retailers 
through Instacart's leading enterprise technology offering. In addition to 
acquiring FoodStorm's technology and tools, Instacart is also excited to 
welcome the talented FoodStorm team, which is based in the U.S. and Melbourne, 
Australia to Instacart.

"As a retailer enablement platform, Instacart is focused on growing our 
partners' businesses by investing in innovative new technologies and services 
that deliver significant value to them and their customers," said Mark Schaaf, 
Chief Technology Officer, Instacart. "Our goal is to help our retail partners 
increase their sales and ensure more of their customers' everyday meals come 
from the grocery store. That's why we're excited to welcome the talented 
FoodStorm team to Instacart and integrate their end-to-end order-ahead and 
catering platform into Instacart's leading enterprise offering. For retailers, 
this new enterprise solution helps them bring even more of their inventory 
online, enhance their ecommerce capabilities, grow their business and meet the 
evolving needs of their customers. And, for customers, this unlocks a 
healthier, more affordable alternative to restaurant delivery - creating an 
easier way for people to order prepared foods online directly from their 
favorite grocers." 

Order-ahead technology solutions provide grocery retailers with a significant 
growth opportunity. On the Instacart platform, customers who purchase prepared 
foods and catering items like hot and cold side dishes, cakes and sushi from 
the grocery store have significantly larger baskets and shop more frequently 
than those customers who do not. For retailers, order-ahead items and prepared 
foods are also typically more profitable than traditional groceries like 
produce and package goods.  

"I'm incredibly proud of what the FoodStorm team has achieved for our partners. 
We've developed market-leading software that makes it easier for grocers to 
execute on prepared food and catering orders more efficiently, and track 
everything from one central location. This is a huge growth opportunity for 
grocers, and we've seen increased demand for our products as more customers are 
searching for seamless online and in-store ordering capabilities," said 
FoodStorm CEO Rob Hill. "Grocery is an incredibly complex retail category, 
making the need for enterprise-grade solutions like FoodStorm and Instacart 
critical to the long-term success of the industry we all rely on to put food on 
our tables. We're excited about this next chapter as we join the Instacart team 
and create new ways for retailers to serve the ever-changing needs of their 
businesses and customers." 

"Delivering a world-class customer experience and excellent prepared foods is 
the mission of our business, and FoodStorm and Instacart have helped us do just 
that," said Russell McVeigh, Catering Director at Uncle Giuseppe's Marketplace. 
"Once we deployed FoodStorm's technology, online sales doubled and we were able 
to be more innovative with our menus because of the increased visibility 
FoodStorm's platform provides. Both FoodStorm and Instacart have been critical 
to our growth and ability to serve our customers, and we're excited to see what 
compelling enterprise products they'll develop together."

"Both Instacart and FoodStorm have been important partners in bringing our 
business online and have opened up brand new sales and customer service 
channels for us," said Adam Laliberte, Director of Food Services at Roche 
Brothers Supermarkets. "Before FoodStorm, our software systems weren't 
compatible with our catering needs and we had a limited online presence which 
meant we were missing out on a huge opportunity. Because of Foodstorm's 
flexible and easily configurable technology, we've seen an increase in our 
catering business and have the ability to manage this increase more efficiently 
so that our teams can focus more on our customers. I'm thrilled that they are 
now joining forces with Instacart and we're excited to see what enterprise 
offerings they'll bring to market together."

Instacart's enterprise technology today powers the comprehensive ecommerce 
platforms of more than 175 local, regional and national grocers across North 
America, including Costco Canada, Heinen's, Sprouts, The Fresh Market, and 
Wegmans. Instacart first began offering enterprise technology to grocery 
partners in 2017. Since then, the company has continued to make significant 
investments in its enterprise business, scaling its engineering team and 
developing new technologies for grocers.  

About Instacart 
Instacart is the leading online grocery platform in North America. Instacart 
shoppers offer same-day delivery and pickup services to bring fresh groceries 
and everyday essentials to busy people and families across the U.S. and Canada. 
Instacart has partnered with more than 600 beloved national, regional and local 
retailers, including unique brand names, to deliver from nearly 55,000 stores 
across more than 5,500 cities in North America. Instacart's platform is 
available to over 85% of U.S. households and 80% of Canadian households. The 
company's cutting-edge enterprise technology also powers the ecommerce 
platforms of some of the world's biggest retail players, supporting their 
white-label websites, applications and delivery solutions. Instacart offers an 
Instacart Express membership that includes reduced service fees and unlimited 
free delivery on orders over $35. For more information, visit 
www.instacart.com. For anyone interested in becoming an Instacart shopper, 
visit https://shoppers.instacart.com/.

SOURCE: Instacart

CONTACT:  press@instacart.com