Walmart to offer free one-day shipping in select markets as it races to compete with Amazon
Walmart's headquarters in Bentonville, Ark. The company will begin offering free, one-day shipping in certain cities this week as it races against Amazon to promise ever-speedier deliveries. By Abha Bhattarai Abha Bhattarai Reporter covering the retail industry Email Bio Follow May 14 at 12:01 AM Walmart will begin offering free, one-day shipping in certain cities this week, as it races against Amazon to promise ever-speedier deliveries.
“Instead of shipping from multiple places in multiple boxes, we can consolidate everything into one box and ship it ground,” Janey Whiteside, Walmart’s chief customer officer, said in an interview. “This is not only good for customers, but it also makes good business sense." Amazon last year spent $27.7 billion mailing its products around the world, a 27 percent increase from the year before. Walmart, meanwhile, has spent billions buying up e-commerce brands such as Jet.com, ModCloth and Bonobos in hopes of winning over a new generation of online shoppers. The retailer last year had $510 billion in annual revenue, more than three times Amazon’s $142 billion.
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