Bed Bath & Beyond after partnership with DoorDash for same-day delivery

Bed Bath & Beyond after partnership with DoorDash for same-day delivery

Bed Bath & Beyond Inc. BBBY, +11.63% said Wednesday that it has partnered with DoorDash Inc. DASH, +4.10% to expand same-day delivery service to an additional 3,000 zip codes across the country and to about 99% of Bed Bath & Beyond and BuyBuy Baby store locations.

The partnership also allows Bed Bath & Beyond to extend the same-day cutoff to 6 p.m. from 1 p.m. Bed Bath & Beyond stock soared 8.3% in Wednesday trading, and has gained 44.7% for the year to date. DoorDash stock was up 4.4% on Wednesday, but down nearly 16% for 2021 so far. The benchmark S&P 500 index SPX, +0.19% has rallied 11.7% for the year so far.

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