Dash Stock Rises, Announces Partnership With Big Lots

Dash shares went up by a point while Big Lots slumped by midday EDT

One of the biggest home discount retailers in America, Big Lots, Inc. (NYSE:BIG), today announced a new partnership with DoorDash (NYSE:DASH) to provide consumers with on-demand delivery of its deals, finds, and basics for the house from more than 1,400 Big Lots shops spread across 48 states.

More than 36,000 products from Big Lots are now available to customers via the DoorDash app and website as a result of the new relationship, including household goods, seasonal decor, bedding, snacks, pantry staples, cleaning supplies, outdoor necessities, pet care supplies, and more.

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Over the past few years, our team has worked hard to make purchasing our unique collection of deals, treasures, and necessities as accessible as possible for customers, said Erica Fortune, Senior Vice President, eCommerce at Big Lots. This relationship with DoorDash is a logical next step in our journey, giving an extra choice for on-demand delivery of the big brands and unexpected finds our customers enjoy at dare-to-compare pricing, said DoorDash.

According to Shanna Preve, Vice President, Business Development at DoorDash, We are pleased to work with Big Lots to offer consumers a quick and easy method to receive all the household necessities they need to be delivered right to their doorsteps. We are aware that consumers continue to prioritize convenience and affordability. Customers may now order all the goods and deals from Big Lots on demand, whether they are looking for household goods, food and pantry items, outdoor equipment, or decor for the forthcoming fall season.

DashPass, Dash Stock Outlook

Customers can take advantage of a 50% off discount (up to $20) with the promo code 50BIGLOTS from September 15, 2022, through September 30, 2022, as a way of celebrating the new relationship. DoorDash offers customers a membership service called DashPass, which offers customers reduced service fees on qualified orders totaling more than the minimum subtotal from tens of thousands of restaurants, grocers, and quick-service outlets across the country. Big Lots is one of the stores that are accessible through DashPass.

Compared to DoorDash, BIG shares are down 3% on Thursday, trading at 20.21 around midday EDT, while DoorDash shares are up one point.

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Author: Jowi Kwasu
Market Jar Media Inc.
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