Headlines

Walmart Acquires Parcel

The retailer acquires same-day New York delivery program, Parcel, for its Jet and Walmart deliveries

Published

7 years ago

October 4, 2017

Walmart (Bentonville, Ark.) announced that it has acquired Parcel (New York), a technology-based, same-day, last-mile delivery program. The program specifically specializes in perishable and non-perishable delivery to New York customers.

“New York City is the top market for both Jet and Wal-Mart.com,” said Nate Faust, senior vice president of Wal-Mart U.S.’s e-commerce supply chain. “Because of the density of the area, along with the proximity of our fulfillment centers, it’s the perfect place for high-impact innovation.

The company plans to use the service for both its Walmart and Jet customers, particularly with both banner’s same-day deliveries.

The move comes as a next step in the retailer’s efforts to make deliveries faster and more convenient so that it can better compete with Amazon (Seattle), according to Women’s Wear Daily.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design