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Walmart Stirs Up Same-Day Delivery Competition

November 3, 2017

 

Walmart recently acquired Parcel, a New York-based same-day delivery service focusing on grocery and other delivery to consumers within the New York area. Walmart intends to use Parcel for fresh and frozen groceries as well as general merchandise. The retail giant said it aims to have faster delivery with live text updates to update customers on the delivery process.

According to a survey published by Boston Retail Partners, 51% of retailers said they offer same-day delivery this year, up from 16% last year. Walmart is looking to keep up with the current trend of same-day delivery in order to stay competitive with Amazon.

“Two-hour delivery sounds fast, but I can imagine a future when customers are more demanding,” said Stephenie Landry, Amazon’s vice president of Prime Now.

Amazon may lead the pack but retail is continuing its push for faster delivery in order to stay relevant in an increasingly fast paced world.