03:00 PM EDT, 09/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Shares of CART are trading lower after Kroger and DoorDash announced a partnership to provide grocery delivery to all Kroger customers. This adds to competitive pressure from Amazon, which is expanding same-day grocery delivery (already in about 1,000 cities and towns, with plans to reach more than 2,300 by the end of 2025) and forming new partnerships with regional grocers such as Winn-Dixie. While these developments challenge CART's leading share in third-party grocery delivery, we think the impact will be limited. CART focuses on large basket orders (typically $75+), while DoorDash and Amazon mainly target smaller orders with different use cases. In addition, we note CART's growth has held up as other retailers, including Costco and Sprouts Farmers Market, have moved away from exclusive agreements with CART. We think this is partly due to CART's deep integration/partnerships with grocers of all sizes. We also note CART's current partnership with Uber, which we think could expand over time.