Companies

Instacart and Sally Beauty Announce Nationwide Same-Day Delivery Deal

Published June 19, 2024

In a significant move for both retail and on-demand delivery services, Maplebear Inc. CART, widely known as Instacart, has formalized a partnership with beauty industry stalwart Sally Beauty Holdings, Inc. SBH. On Tuesday, the two companies declared a nationwide collaboration set to transform the beauty supply sphere. This strategic alliance is intended to introduce the convenience of same-day delivery for customers, potentially within an hour of ordering, from over 2,200 of Sally Beauty's locations across the United States. This service enhancement is poised to significantly boost consumer access to Sally Beauty's extensive range of professional beauty products.

Instacart's Strategic Expansion

The agreement with Sally Beauty signifies Instacart's continued push into the specialty retail domain, broadening its scope well beyond its traditional grocery delivery roots. Instacart's technology platform is designed to match local demand for items with the supply from nearby stores, which for consumers translates to rapid access to their favorite beauty products without the need to leave their homes. This partnership forms part of Instacart's mission to facilitate on-demand convenience across diverse retail categories.

About Sally Beauty Holdings, Inc. SBH

Sally Beauty Holdings, Inc., headquartered in Denton, Texas, operates as a key retailer and distributor of professional beauty supplies. The company boasts a wide array of products, serving both consumers and professionals in the beauty industry. The nationwide pact with Instacart is expected to enhance the customer experience by offering expedited delivery, thereby potentially increasing sales and customer loyalty for the Texas-based company.

About Maplebear Inc. CART

While Maplebear Inc. is better known by its operational name, Instacart, there's more to this company than its Instacart persona. Maplebear is a powerhouse in the on-demand delivery market, having redefined grocery shopping for many Americans. However, Maplebear CART is not to be confused with Carolina Trust BancShares, Inc., a bank holding company that operates under the same stock symbol but is based in Lincolnton, North Carolina, and offers commercial banking services.

Implications for the Market

This development could spell positive outcomes for both companies involved. For Sally Beauty Holdings, the partnership with a leading on-demand delivery service like Instacart could mean an enhanced distribution channel, which might result in improved earnings and a strengthened market position. Instacart, on the other hand, will likely benefit from diversifying its service offerings and tapping into the sizeable beauty products market. The move could appeal to a broader consumer base and fortify Instacart's stature as a versatile delivery service provider.

Instacart, SallyBeauty, Partnership