WASHINGTON, D.C., September 12, 2022 — Upside, a retail technology company, announced a significant expansion in grocery partnerships and app use in the past year, as grocers’ operating costs escalate and U.S. inflation reaches a 40-year high. Upside’s grocery footprint increased by 240%+ in the last year, with more than 600 grocery locations appearing on the app in the last 12 months, including Carlie C’s, Schnucks, Gelson’s, Coborn’s, and Cardenas Markets stores.
“Our rapid grocery partner expansion is a testament to forward-thinking grocers that are empowering their consumers during rising inflation and persistent economic uncertainty,” said Tyler Renaghan, Vice President of Grocery at Upside. “As the cost of goods continues rising, we are the tool stores and consumers can turn to for relief.”
Upside’s free, top-rated mobile app helps grocers earn new, unexpected profit by attracting new customers and motivating regular customers to increase their trips and basket sizes. To take advantage of personalized cashback promotions at all participating locations, customers open the Upside app, claim an offer at a grocery store near them, purchase as usual and earn cash back – right in the app. All consumer promotions are margin bound and profitable for merchants.
“At Coborn’s, we pride ourselves on providing our customers with the best shopping experience possible,” said Dennis Host, Vice President/Marketing at Coborn’s. “Our partnership with Upside allows us to extend that commitment by providing significant savings opportunities. And we can provide this customer benefit, all while growing our customer base and remaining profitable.”
The need for value has never been greater among grocers and their customers. Upside saw a 30% increase in app usage in the last quarter alone, as users are making these stores a regular part of their routine, with 250,000 grocery purchases each month. And Upside’s presence in-market continues to grow as grocers realize the first-mover advantage of joining the platform.
Upside is live at nearly 50,000 U.S. grocery stores, restaurants, gas stations and convenience stores nationwide and reaches more than 30 million users. To learn more about how your business can join Upside or the benefits of being a first-mover in market, visit Upside.com or email us at email@example.com.
Upside is a retail technology company on a mission to help communities thrive. Our technology has helped millions of people get more purchasing power on the things they need, and tens of thousands of brick and mortar businesses earn measurable profit. Billions of dollars in commerce runs through the Upside platform every year, and that value goes directly back to our retailers, the consumers they serve, and towards important sustainability initiatives. For more: www.upside.com.