Walmart may soon launch same-day delivery

Walmart's Jet.com to launch its own grocery brand

Walmart gained serious ground against Amazon on Tuesday in the battle for supremacy in the online delivery game.

The financial terms of the deal were not disclosed. Walmart.com will also start testing same-day delivery in the city soon, and both Jet and Walmart will offer both general merchandise as well as fresh and frozen groceries as part of these new express delivery options. "New York City is the top market for both Jet and Walmart.com, and because of the density of the area - along with the proximity of our fulfillment centers - it's the flawless place for high-impact innovation", Faust wrote in a blog post. Walmart said that Parcel will continue to serve current clients.

"The traffic in a place like New York City tends to be a pretty big obstacle that we've done an wonderful job of optimizing for", Parcel CEO and founder Jesse Kaplan said.

But success could give Wal-Mart the confidence to introduce similar same-day delivery service to other large cities, according to Kent.

Parcel has partnerships with several meal kit, grocery and e-commerce companies, and has delivered more than 1 million meals in the past two years.




The Parcel purchase is Walmart's latest acquisition, following its purchase of apparel company Bonobos in June for $310 million and e-commerce retailer Jet.com in August 2016 for $3 billion.

In a blog post today, Walmart announced its purchase of Parcel - an NYC-based same-day delivery service that allows customers to schedule deliveries within two-hour windows that are convenient for them.

"I see even more upside for our own same-day deliveries", Nate Faust, Walmart's SVP of USA commerce supply chain, said in a blog post. However, it will also work for WMT to delivery goods for it in the future. So they see it as a big potential and they see the e-commerce piece and felt like they had to solve this problem.

The acquisition will help expand Jet's same-day deliveries while reducing the costs associated with doing so, the company believes.

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