Walmart is using its thousands of stores to battle Amazon for e-commerce market share


Walmart is using its thousands of stores to battle Amazon for e-commerce market share


BENTONVILLE, Arkansas — Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel.

Now, those big boxes are hubs for its e-commerce business, serving as launch pads for delivery drones, automated warehouses for online grocery orders and departure locations for direct-to-fridge drop-offs. Eventually, they will help pack and ship goods for individuals and independent companies that sell on Walmart’s website through its third-party marketplace....

Key Points
  • Walmart is increasingly relying on its vast network of stores to build out its e-commerce business.

  • “The store is becoming a shoppable fulfillment center,” Tom Ward, chief e-commerce officer for Walmart U.S., said in his first interview since stepping into the role.

  • Walmart is using its stores as launch pads for delivery drones and departure locations for direct-to-fridge drop-offs, and it will soon start packing and shipping third-party sellers’ goods from stores.

  • The retailer faces a stiff challenge in e-commerce, as Amazon dominates with nearly 40% market share and inflation pushes shoppers to spend more on less-profitable gas and food.
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RSK: Speaking of Walmart, they may have a leg up on Amazon with their thousands of stores nationwide that can serve as eCommerce sites.

Ken Notes: Unless Amazon buys a retail outlet???

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- - Volume: 10 - WEEK: 24 Date: 6/7/2022 8:24:41 AM -