STOCK TITAN

Family Dollar Teams up With Instacart to Accept SNAP/EBT Online

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Family Dollar, a subsidiary of Dollar Tree (NASDAQ: DLTR), has partnered with Instacart (NASDAQ: CART) to accept Supplemental Nutrition Assistance Program's Electronic Benefit Transfer (SNAP/EBT) payments for online orders. This collaboration extends Family Dollar's convenience by offering same-day delivery on SNAP-eligible items.

Customers can now use SNAP/EBT payments to purchase eligible items through Family Dollar's mobile app, storefront page, and the Instacart app and website. This expansion allows nearly 98% of SNAP households to shop for groceries and essentials on Instacart with fast, same-day delivery.

Family Dollar and Dollar Tree operate more than 16,300 stores across 48 states and five Canadian provinces as of August 3, 2024, under the brands Dollar Tree, Family Dollar, and Dollar Tree Canada.

Family Dollar, una sussidiaria di Dollar Tree (NASDAQ: DLTR), ha collaborato con Instacart (NASDAQ: CART) per accettare i pagamenti tramite Electronic Benefit Transfer (SNAP/EBT) del Programma di Assistenza Nutrizione Supplementare per gli ordini online. Questa collaborazione amplia la convenienza di Family Dollar offrendo consegna lo stesso giorno per gli articoli idonei SNAP.

I clienti possono ora utilizzare i pagamenti SNAP/EBT per acquistare articoli idonei tramite l'app mobile di Family Dollar, la pagina del negozio e l'app e il sito web di Instacart. Questa espansione consente a quasi il 98% delle famiglie SNAP di fare la spesa e acquistare beni essenziali su Instacart con una consegna rapida lo stesso giorno.

Family Dollar e Dollar Tree gestiscono oltre 16.300 negozi in 48 stati e cinque province canadesi a partire dal 3 agosto 2024, sotto i marchi Dollar Tree, Family Dollar e Dollar Tree Canada.

Family Dollar, una subsidiaria de Dollar Tree (NASDAQ: DLTR), se ha asociado con Instacart (NASDAQ: CART) para aceptar pagos del Programa de Asistencia Nutricional Suplementaria a través del Electronic Benefit Transfer (SNAP/EBT) para pedidos en línea. Esta colaboración amplía la comodidad de Family Dollar al ofrecer entrega el mismo día para artículos elegibles para SNAP.

Ahora, los clientes pueden usar los pagos SNAP/EBT para comprar artículos elegibles a través de la aplicación móvil de Family Dollar, la página de la tienda y la aplicación y el sitio web de Instacart. Esta expansión permite que Casi el 98% de los hogares SNAP puedan comprar comestibles y productos esenciales en Instacart con entrega rápida el mismo día.

Family Dollar y Dollar Tree operan más de 16,300 tiendas en 48 estados y cinco provincias canadienses a partir del 3 de agosto de 2024, bajo las marcas Dollar Tree, Family Dollar y Dollar Tree Canada.

패밀리 달러(Family Dollar)는 달러 트리(Dollar Tree)(NASDAQ: DLTR)의 자회사로서 인스타카트(Instacart)(NASDAQ: CART)와 협력하여 온라인 주문에 대해 보조 영양 지원 프로그램(SNAP/EBT)의 전자 수당 이체를 통한 결제를 수락합니다. 이 협력은 패밀리 달러의 편리함을 확대하여 SNAP 적격 품목의 당일 배송을 제공합니다.

고객은 이제 패밀리 달러의 모바일 앱, 매장 페이지 및 인스타카트 앱과 웹사이트를 통해 SNAP/EBT 결제를 사용하여 적격 품목을 구매할 수 있습니다. 이 확장은 대부분의 SNAP 가정이 인스타카트에서 식료품과 필수품을 신속한 당일 배송으로 쇼핑할 수 있게 합니다.

패밀리 달러와 달러 트리는 2024년 8월 3일 기준으로 달러 트리, 패밀리 달러 및 달러 트리 캐나다 브랜드 하에 48개 주와 5개 캐나다 주에서 16,300개 이상의 매장을 운영하고 있습니다.

Family Dollar, une filiale de Dollar Tree (NASDAQ: DLTR), s'est associée à Instacart (NASDAQ: CART) pour accepter les paiements par Electronic Benefit Transfer (SNAP/EBT) du Programme d'assistance nutritionnelle supplémentaire pour les commandes en ligne. Cette collaboration étend la commodité de Family Dollar en offrant une livraison le jour même pour les articles éligibles au SNAP.

Les clients peuvent désormais utiliser les paiements SNAP/EBT pour acheter des articles éligibles via l'application mobile de Family Dollar, la page de la vitrine et l'application et le site Web d'Instacart. Cette expansion permet à près de 98 % des foyers SNAP de faire leurs courses et d'acheter des produits essentiels sur Instacart avec une livraison rapide le jour même.

Family Dollar et Dollar Tree gèrent plus de 16 300 magasins dans 48 États et cinq provinces canadiennes à partir du 3 août 2024, sous les marques Dollar Tree, Family Dollar et Dollar Tree Canada.

Family Dollar, eine Tochtergesellschaft von Dollar Tree (NASDAQ: DLTR), hat sich mit Instacart (NASDAQ: CART) zusammengeschlossen, um Zahlungen über das Electronic Benefit Transfer (SNAP/EBT) des Supplemental Nutrition Assistance Program für Online-Bestellungen zu akzeptieren. Diese Zusammenarbeit erweitert den Komfort von Family Dollar durch die Lieferung am selben Tag für SNAP-berechtigte Artikel.

Kunden können jetzt SNAP/EBT-Zahlungen nutzen, um berechtigte Artikel über die mobile App von Family Dollar, die Shop-Seite und die App sowie die Website von Instacart zu erwerben. Diese Erweiterung ermöglicht es fast 98 % der SNAP-Haushalte, Lebensmittel und Grundbedarfsartikel über Instacart mit schneller Lieferung am selben Tag zu kaufen.

Family Dollar und Dollar Tree betreiben zum 3. August 2024 mehr als 16.300 Filialen in 48 Bundesstaaten und fünf kanadischen Provinzen unter den Marken Dollar Tree, Family Dollar und Dollar Tree Canada.

Positive
  • Expansion of payment options to include SNAP/EBT for online orders
  • Partnership with Instacart for same-day delivery service
  • Increased accessibility for SNAP beneficiaries to shop Family Dollar products online
  • Potential for increased sales and customer base through expanded online presence
Negative
  • None.

Insights

This partnership between Family Dollar and Instacart to accept SNAP/EBT payments online is a strategic move with potential for positive impact. It expands Family Dollar's accessibility to a important customer segment - SNAP beneficiaries - who represent a significant portion of the discount retail market.

The collaboration addresses two key trends: the growing demand for online grocery shopping and the need for inclusive digital payment options. By enabling SNAP/EBT payments through Instacart, Family Dollar is likely to see increased sales volume and customer retention among price-sensitive shoppers.

This move also positions Family Dollar competitively against other retailers who have already implemented similar programs. The potential for market share growth is substantial, especially in areas with high concentrations of SNAP recipients. However, investors should monitor the impact on profit margins, as online fulfillment costs may offset some of the revenue gains.

While the immediate financial impact may be modest, this initiative has long-term potential to drive revenue growth for Family Dollar and its parent company, Dollar Tree (NASDAQ: DLTR). The expanded payment options and delivery service could lead to:

  • Increased transaction volumes and average order values
  • Enhanced customer loyalty and repeat purchases
  • Potential for cross-selling and upselling opportunities

Investors should note that this move aligns with Dollar Tree's broader strategy to improve the Family Dollar brand and drive same-store sales growth. The partnership with Instacart may also result in operational efficiencies and reduced in-store traffic management costs.

However, it's important to monitor the cost implications of online fulfillment and any potential impact on profit margins. The success of this initiative could influence future capital allocation decisions and store expansion strategies for DLTR.

Collaboration helps families do more with greater access to Family Dollar essentials

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Family Dollar has teamed up with Instacart (NASDAQ: CART), the leading grocery technology company in North America, to accept Supplemental Nutrition Assistance Program’s Electronic Benefit Transfer (SNAP/EBT) payments for online orders.

“Family Dollar takes great pride in delivering quality and value on family essentials through our convenient locations across the country,” said Larry Gatta, Chief Merchandising Officer for Family Dollar. “Now, through our Instacart partnership, that convenience extends even further to our customers with same-day delivery on SNAP-eligible items.”

“Instacart is committed to offering SNAP families nationwide the best online selection to shop with their benefits,” said Sarah Mastrorocco, Vice President and General Manager of Health at Instacart. “Now, nearly 98% of SNAP households can shop for groceries and essentials on Instacart with fast, same-day delivery. By expanding our partnerships with retailers like Family Dollar, we’re making it easier for families to get what they need from their preferred stores.”

Before this collaboration, Family Dollar stores accepted SNAP/EBT payments from customers in-person. Now, through Instacart, customers can use the newly accepted payment method to purchase SNAP-eligible items on Family Dollar’s mobile app and storefront page.

Customers can also shop using SNAP/EBT payments on the Family Dollar storefront on the Instacart app and website. Instacart delivers directly to customers’ doorsteps, bringing a new level of convenience to the Family Dollar shopping experience.

About Family Dollar

Family Dollars Stores, LLC is a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR) a Fortune 200 Company. Together, Family Dollar and Dollar Tree operated more than 16,300 stores across 48 states and five Canadian provinces as of August 3, 2024. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada. To learn more, visit our website at corporate.dollartree.com.

DLTR-G

Investors:

Robert A. LaFleur

SVP, Investor Relations

investorinfo@dollartree.com

Media:

Kate Kirkpatrick

VP, Communications

mediainquiries@dollartree.com

Source: Family Dollar

FAQ

What new payment option does Family Dollar now accept for online orders?

Family Dollar now accepts Supplemental Nutrition Assistance Program's Electronic Benefit Transfer (SNAP/EBT) payments for online orders through its partnership with Instacart.

How can customers use SNAP/EBT to shop at Family Dollar online?

Customers can use SNAP/EBT payments to purchase eligible items through Family Dollar's mobile app, storefront page, and the Instacart app and website.

What percentage of SNAP households can now shop on Instacart?

Nearly 98% of SNAP households can now shop for groceries and essentials on Instacart with fast, same-day delivery.

How many stores do Family Dollar and Dollar Tree (DLTR) operate?

As of August 3, 2024, Family Dollar and Dollar Tree operated more than 16,300 stores across 48 states and five Canadian provinces.

Dollar Tree Inc.

NASDAQ:DLTR

DLTR Rankings

DLTR Latest News

DLTR Stock Data

13.50B
214.80M
0.08%
100.37%
5.61%
Discount Stores
Retail-variety Stores
Link
United States of America
CHESAPEAKE