Rite Aid, Instacart Expand Partnership To Offer EBT SNAP Online Payment Option From More Than 1,400 Rite Aid And Bartell Drugs Locations Nationwide

6/12/24 9:04:34 AM ET

Business Services

Consumer Discretionary

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Rite Aid's expanded partnership with the leading online grocery technology platform allows greater access to groceries and pantry essentials for eligible customers

Rite Aid (OTC:RADCQ) today announced its expanded partnership with Instacart (NASDAQ:CART), the leading grocery technology company in North America, allowing use of an Electronic Benefits Transfer (EBT) card for the Supplemental Nutrition Assistance Program (SNAP) as an online payment option for eligible items on its Instacart digital storefront. Available from over 1,400 Rite Aid and Bartell Drugs locations nationwide, this new online payment option provides seamless access to essential items Rite Aid customers need to enhance their well-being, while offering additional convenience to communities with SNAP benefits through same-day delivery.

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Date	Price Target	Rating	Analyst
10/16/2024	$43.00	Hold	Jefferies
9/24/2024		Mkt Perform	Raymond James
9/5/2024	$45.00	Overweight	Cantor Fitzgerald
7/16/2024		Peer Perform	Wolfe Research
7/11/2024		Sector Weight	KeyBanc Capital Markets
6/5/2024	$37.00 → $45.00	Hold → Buy	Gordon Haskett
4/19/2024	$46.00	Buy	Loop Capital
4/1/2024		Overweight → Equal Weight	Fox Advisors

Rite Aid, Instacart Expand Partnership To Offer EBT SNAP Online Payment Option From More Than 1,400 Rite Aid And Bartell Drugs Locations Nationwide

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