Walmart is expanding logistics services to rival Amazon's Fulfillment by Amazon

From Nasdaq: 2024-08-27 18:14:39

Walmart is expanding its logistics services to third-party sellers beyond its marketplace, challenging Amazon’s Fulfillment by Amazon service. This move includes warehousing, delivery, and import services, aiming to enhance the home-delivery experience for customers. Walmart’s U.S. marketplace sales grew by 32% in the latest quarter, continuing a strong upward trend.

Starting September 10, Walmart will offer fulfillment services for orders placed on platforms like Target and Etsy. The retailer’s new Walmart LocalFinds service will connect customers with local merchants for same-day delivery. Walmart’s logistics expansion is set to challenge Amazon’s dominance in the e-commerce space.

Walmart’s U.S. marketplace sales have surged, with a 32% increase in the quarter ended July 26. The company aims to control the delivery process by integrating logistics services, ensuring a consistent customer experience. With increased automation and warehouse capacity, Walmart is poised to capitalize on unutilized space and strengthen its position in the logistics market.



Read more at Nasdaq: Walmart’s New Fulfillment Services Rival Amazon’s Dominance