BENTONVILLE, Arche .– (COMMERCIAL THREAD) – Today, Walmart announced the creation of a new line of business – Walmart GoLocal – which expands its expertise in delivering goods to customers of businesses of all sizes.
“In an era where customers now expect speed and reliability, it’s more important than ever for businesses to work with a service provider who understands the needs of a merchant,” said John Furner , president and CEO of Walmart US. “Walmart has spent years building and expanding the commerce capabilities that support our network of more than 4,700 stores, and we look forward to helping other businesses access the same reliable, quality, and low-cost services.
Walmart GoLocal is built on the retailer’s proven ability to execute large-scale delivery capabilities efficiently. In just three years, the retailer has launched and expanded express delivery and delivery for its customers on more than 160,000 items from more than 3,000 stores, reaching nearly 70% of the US population and growing using its network of existing delivery, including drones, autonomous vehicles and distribution centers market.
This white label delivery as a service offering enables businesses to grow using Walmart’s delivery capabilities and nationwide coverage at competitive prices. This includes delivery on a range of assortments, including those with size and complex requirements, as well as the flexibility to meet varying deadlines. The company will also grow rapidly to offer additional innovative offers.
“We’ve worked hard to develop a reliable last mile delivery program for our customers,” said Tom Ward, senior vice president, last mile, Walmart US. “We are now excited to be able to use these capabilities to serve another set of customers – local traders. From delivering products from a local bakery to automotive supplies from a national retailer, we’ve designed Walmart GoLocal to be customizable for merchants of all sizes and categories so they can focus. on what they do best, leaving us with the speed and efficiency of delivery. . ”
Walmart GoLocal has already established a number of contractual agreements with domestic and corporate retail customers and is currently accepting new selected merchant partners at www.walmart.com/GoLocal.
This activity is an important part of the company’s overall strategy, which includes diversifying its revenue sources and profit pools with initiatives such as Walmart Connect and Walmart Fulfillment Services. Its launch comes weeks after the retailer announcement plans to start offering technologies and capabilities to help other businesses navigate their own digital transformation.
Walmart Inc. (NYSE: WMT) is helping people around the world save money and live better – anytime, anywhere – in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and e-commerce websites. With revenue of $ 559 billion in fiscal 2021, Walmart employs 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate sponsorship and employment opportunities. Additional information about Walmart can be found by visiting https://corporate.walmart.com, on Facebook at https://facebook.com/walmart and on Twitter at https://twitter.com/walmart.