Benzinga | Jun 21, 2021 03:00PM EDT

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.