Walmart is about to report earnings. Here's everything you need to know

  • 📰 CNBC
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

All year long, Walmart and Amazon have been neck and neck in a delivery war, trying to offer shoppers as speedy a service as possible. That's especially been the case in grocery.

ending a pilot that dates back to 2017. Nike still sells some products on Walmart's Jet.com.

All year long, Walmart and Amazon have been neck and neck in a delivery war, trying to offer shoppers as speedy a service as possible.in October to start delivering grocery products for free within a two-hour window to all Prime members living in the 2,000 regions eligible for the service. Until then, Prime members had to pay an additional $14.99 per month to get access to Amazon Fresh, a separate program that offered two-hour grocery delivery.

Its InHome grocery delivery membership program costs $19.95 a month. And making the most of its bricks-and-mortar stores, it has more than 2,700 grocery pickup locations for online orders across the U.S. Walmart also now offers a "Delivery Unlimited" option from 1,400 locations, where customers can pay $98 annually, or $12.95 monthly, for unlimited grocery delivery., helped by a strong grocery business. The company has been calling for U.S.

Walmart shares are up nearly 30% this year. The retailer has a market cap of about $344.2 billion, compared with Amazon's $867 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines