DoorDash Partners With Albertsons For On-demand Grocery Delivery

  • DoorDash Inc (NYSE: DASH) has partnered with food retailer Albertsons Companies Inc (NYSE: ACI) to offer on-demand grocery delivery from nearly 2,000 Albertsons banner stores across the U.S. and more from the DoorDash marketplace app.

  • Consumers can order groceries and essentials on-demand for delivery within an hour through DoorDash's top-rated marketplace with no time slot, queues, or minimum order size required.

  • Albertsons will offer more than 40,000 grocery items from stores for delivery via DoorDash.

  • In select markets, customers can order groceries through their local Albertsons store's website for same-day delivery powered through DoorDash Drive.

  • "Leveraging our extensive logistics network and Albertson's wide selection of fresh groceries, we are creating a one-stop-shop for customers to access any of the essentials they need, delivered to their doorstep within an hour," said Fuad Hannon, Head of New Verticals, DoorDash.

  • Price action: DASH shares are trading higher by 4.54% at $174.92 on the last check Monday.

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By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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