STOCK TITAN

Sprouts Farmers Market Announces Launch of EBT SNAP Acceptance for Same-Day Delivery and Pickup via Instacart

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Sprouts Farmers Market has announced it will accept EBT SNAP benefits for online shopping across approximately 380 stores. This initiative, enabled by a recent USDA approval, allows customers to use their EBT cards for same-day delivery and curbside pickup through Instacart. The expansion aims to enhance accessibility and affordability of fresh foods for all shoppers. Customers can enter their EBT details online but will need an additional payment method for non-food items. This move aligns with Sprouts' mission to make healthy groceries accessible to more families.

Positive
  • Expansion of EBT SNAP acceptance to online shopping improves accessibility for customers.
  • Partnership with Instacart enhances service offerings, supporting customer convenience.
  • Promotes affordability and convenience, potentially increasing customer base.
Negative
  • None.

EBT SNAP Participants Can Now Use Their Benefits to Shop Online at Sprouts Across Approximately 380 Stores

PHOENIX, June 16, 2022 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, today announced that it will now accept Electronic Benefits Transfer Supplemental Nutrition and Assistance Program (EBT SNAP) for same-day delivery and curbside pickup for orders placed via the Instacart website and mobile app. This launch follows the United States Department of Agriculture Food and Nutrition Service’s most recent approval to enable EBT SNAP acceptance online for approximately 380 Sprouts stores across the country.

“Sprouts is a leader in making the highest quality fresh foods accessible to all. Online shopping for delivery and pickup offers our shoppers that accessibility and convenience to fit any lifestyle,” said Nick Konat, President and Chief Operating Officer of Sprouts. “Through this expanded partnership with Instacart, we can offer our customers the option to use their SNAP benefits when ordering their fresh and nutritious foods online, allowing them greater convenience, accessibility and affordability.”

EBT SNAP acceptance on Instacart is powered by Carrot Payments, part of Instacart Platform, the company’s suite of enterprise-grade technology solutions. To order same-day grocery delivery or pickup online from Sprouts, customers must create a profile using Instacart’s website or mobile app. Customers can enter their EBT food card information as a form of payment in their profile. Customers will need a secondary form of payment for non-food items such as taxes, tips and fees per federal SNAP guidelines.

“Instacart and Sprouts have a shared mission of providing people with greater access to fresh food. Today, we’re proud to expand our partnership with Sprouts to allow more people to order nutritious foods and pantry staples online with EBT SNAP acceptance through Carrot Payments and Instacart Platform,” said Sarah Mastrorocco, Vice President of Access to Food & Nutrition at Instacart. “Online grocery shopping shouldn’t be a luxury, and our goal is to make same-day delivery and pickup affordable for everyone. Through our deepened partnership with Sprouts, we’re helping to make the grocer’s expansive selection of fresh, natural and organic foods available to more families across the country.”

EBT SNAP is expected to be available on www.sprouts.com later this year. For more information about EBT SNAP on Instacart, visit www.instacart.com/ebt-snap.

About Sprouts Farmers Market, Inc.  
Sprouts is the place where goodness grows. True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 31,000 team members and operates approximately 380 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.  

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 800 national, regional, and local retail brands to facilitate online shopping, delivery and pickup services from more than 70,000 stores across more than 5,500 cities in North America on the Instacart Marketplace. Instacart makes it possible for millions of busy people and families to get the groceries they need from the retailers they love, and for more than 600,000 Instacart shoppers to earn by picking, packing and delivering orders for customers 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. For more information, visit www.instacart.com/company, and to start shopping, visit www.instacart.com. For anyone interested in becoming an Instacart shopper, visit https://shoppers.instacart.com/.

Media Contact:
media@sprouts.com

FAQ

What is the recent announcement from Sprouts regarding EBT SNAP and online shopping?

Sprouts Farmers Market will accept EBT SNAP benefits for online shopping via Instacart at approximately 380 stores.

How can customers use EBT SNAP benefits with Sprouts online?

Customers can enter their EBT card information on Instacart's platform to pay for eligible items.

What types of orders can be placed using EBT SNAP at Sprouts?

EBT SNAP can be used for same-day delivery and curbside pickup for eligible food items.

When will EBT SNAP be available for online use at Sprouts?

EBT SNAP acceptance for online shopping is expected to be available later this year.

What are the payment requirements for non-food items when using EBT SNAP at Sprouts?

Customers must provide a secondary payment method for non-food items like taxes and fees.

Sprouts Farmers Market, Inc.

NASDAQ:SFM

SFM Rankings

SFM Latest News

SFM Stock Data

14.60B
99.53M
0.44%
106.32%
7.25%
Grocery Stores
Retail-grocery Stores
Link
United States of America
PHOENIX