More Shoppers Are Reportedly Skipping The Check-Out Line With The Growth Of Smart-Cart Technology - Check Out A2Z Smart Technologies (Nasdaq: AZ) 2022/04/28 12:59:35 Benzinga
This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. The local supermarket is becoming a hot testing ground for new technology making grocery shopping a quicker and more streamlined process. While consumers have adjusted to self-scan kiosks in most grocery stores today, some companies are taking the next step to eliminate the need to stand in another line. At Walmart Inc. (NYSE: WMT ) subsidiary Sam’s Club, customers can use an app to scan and pay for items while still in the grocery aisle. But Walmart did not appreciate a similar tool unveiled at BJ’s Wholesale Club Holdings Inc. ’s (NYSE: BJ ) stores and sued the company, alleging it “infringed on patents” used at Sam’s. Amazon.com Inc. (NASDAQ: AMZN ) first began implementing QR codes and cameras in 2018 and in 2020 rolled out Dash Carts. Grocery Chain Kroger Co. ( NYSE: KR) is the latest to enter the technology fray with a pilot program at one of its Ohio stores using its KroGO smart carts to help customers skip the checkout line but has no plans to expand the technology.
BJ’s Wholesale Club Launches Same-Day Select, Expanding Same-Day Delivery Offering for Members 2022/03/30 10:30:00 Kwhen Finance
How DoorDash Is Taking On Amazon And Walmart With This Newly Announced Partnership 2022/03/29 15:28:22 Benzinga
DoorDash Inc (NYSE: DASH ) has announced a new partnership with BJs Wholesale Club Holdings Inc (NYSE: BJ ) in which even non-BJ''s members can get same-day grocery delivery through BJs.com. The partnership covers all 226 BJ''s locations in 17 different eastern U.S. states. The Numbers: On Tuesday, Bank of America analyst Michael McGovern said DoorDash is very well-positioned to gain market share in the massive $830 billion U.S. grocery, convenience and alcohol market, which he estimates is only about 8% penetrated by online sales today. McGovern said DoorDash is the market leader in online convenience, but it is currently trailing in the grocery category behind Amazon.com, Inc. (NASDAQ: AMZN ), Walmart Inc (NYSE: WMT ) and Instacart. Related … Full story available on Benzinga.com
BJ''s Wholesale Signs Partnership With DoorDash: Will Costco And Sam''s Club Make Similar Moves? 2022/03/28 14:30:13 Benzinga
A leading wholesale retailer is offering delivery with DoorDash in a move that could have a ripple effect on big-box membership retailers. Here’s the latest. What Happened: Retailer BJ’s Wholesale Club Holdings Inc (NYSE: BJ ) announced a partnership with DoorDash Inc (NYSE: DASH ) Monday. The partnership will bring additional delivery options available to all BJ’s Wholesale Club members from its 226 retail locations in 17 states. This marks the first wholesale club with all items available for DoorDash delivery. BJ’s members and non-members can order products from the DoorDash app and have them delivered. BJ’s members will get lower, member-only pricing when linking their wholesale club card to the DoorDash orders. “BJ’s is proud to bring the convenience and value our members know and love to even more shoppers through the DoorDash marketplace,” BJ’s Wholesale Club Chief Digital Officer Monica Schwartz said. BJ’s items will also be featured on DashPass, the membership program from DoorDash that offers zero dollar delivery fees for one monthly fee.
BJ''s Wholesale Club Holdings Inc. Shares Climb 3.6% Past Previous 52-Week High - Market Mover 2021/01/26 22:30:00 Kwhen Finance
BJ''s Wholesale Club Holdings Inc. shares closed 3.6% higher than its previous 52 week high, giving the company a market cap of $6B. The stock is currently up 22.5% year-to-date, up 112.3% over the past 12 months, and up 107.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.0%, and the S&P 500 rose 1.4%. Trading Activity Trading volume this week was 4.6% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 148.8% The company's stock price performance over the past 12 months beats the peer average by 75.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -43.0% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to email@example.com. © 2020 Kwhen Inc.