Shares of DoorDash Inc. climbed 1.6% in premarket trading Monday, after the delivery app announced a partnership with BJ’s Wholesale Club Holdings Inc. on grocery deliveries. BJ’s stock was still inactive ahead of the open. BJ’s, the membership-based warehouse retailer, said it will offer “on-demand grocery delivery” from 226 of its stores in 17 states. The purchases can be made on the DoorDash app, by BJ members and nonmembers. BJ members can link their membership cards to the app to receive lower members-only pricing. “We see the trend towards convenience only going in one direction, with grocery delivery being no exception,” said Shanna Prevé, vice president of business development at DoorDash. BJ’s stock has lost 4.3% year to date through Friday, while DoorDash shares have tumbled 29.3% and the S&P 500 has declined 4.7%.
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