Grocery Outlet Goes Online In Partnership With Instacart

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  • Grocery Outlet Holding Corp GO has announced a partnership with Instacart on a pilot program to make its bargain shopping experience available online for the first time.
  • The program is set to run for six months across 68 of Grocery Outlet's California stores.
  • Through Instacart, products from Grocery Outlet's independently owned and operated stores will be available for same-day delivery.
  • "The pandemic has changed the retail experience and how people shop—advancing e-commerce by a decade in just a year and a half," said CEO Eric Lindberg.
  • Price Action: GO shares are trading higher by 2.04% at $23.52 on the last check Thursday.
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