- Starbucks Corporation (NASDAQ:SBUX) and DoorDash Inc (NYSE:DASH) entered a new partnership to offer on-demand delivery of Starbucks at participating locations in Canada.
- Beginning March 14, DoorDash customers will be able to avail delivery of Starbucks favorites from more than 500 stores.
- The new partnership also expands Starbucks Delivers to nearly 50 new communities for the first time, including Saint John, New Brunswick, Squamish, British Columbia and the province of Prince Edward Island.
- In Canada, customers can access Starbucks Delivers via DoorDash on iOS and Android devices, in addition to DoorDash.com.
- “Delivery remains a major growth opportunity for Starbucks, and our new partnership with DoorDash will help us reach even more Starbucks customers from coast-to-coast,” said Lori Digulla, General Manager, Starbucks Canada.
- Price Action: SBUX shares are trading higher by 1.12% at $100.19 on the last check Tuesday.
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Evercore ISI Group Maintains Outperform on Inhibrx, Raises Price Target to $60
Evercore ISI Group analyst Gavin Clark-Gartner maintains Inhibrx (NASDAQ:INBX) with a Outperform and raises the price target from $54 to $60.
