Print 28 comment(s) - last by flyingpants1.. on Mar 29 at 5:25 AM

Walmart hopes to out Amazon, Amazon

Walmart has been putting a significant beating on many smaller retailers in the United States for years due to lower prices. Brick and mortar retailers are also feeling increasing pressure as more consumers signup for Amazon Prime, which offers free two-day shipping of products (often “tax free”) plus the added bonus of free TV show/movie streaming. Walmart may be the biggest retailer in the world, but it too is feeling the heat from Amazon.
Walmart may be the king of retail sales, but it is very far behind Amazon when it comes to online sales. Reuters reports that last year Amazon racked up $61 billion in online sales. Walmart only expects to crack about $9 billion in annual online sales as of this year.

Walmart recently announced that it would start using it stores to get internet orders to its customers faster. Walmart noted that it would begin testing lockers to hold goods ordered on the internet in stores until shoppers pick them up. Exactly when this test will kickoff is unknown; Walmart only says "soon." Amazon is also using lockers in grocery stores, convenience stores, drugstores to hold purchases for consumers when the consumer doesn't want an order to come to their home.

Walmart will also begin testing other services to make online shopping via its website easier and more appealing to consumers. One service will allow shoppers to pay for online orders in the store with cash rather than paying online with a credit card.

In addition, Walmart is planning an expansion of a currently running test to ship online orders from physical stores. The company hopes to expand this test to about 50 locations. The goal is to use stores that are closer to customers offer same-day delivery and next-day delivery of online orders at a low cost. Considering that two-thirds of the U.S. population lives within 5 miles of Walmart store, this could prove to be a very important plan for Walmart.
Amazon is also testing a same-day delivery service in some locations.

Source: Reuters

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

By Salisme on 3/27/2013 10:30:19 AM , Rating: 2
I agree. It doesn't make sense, minds as well go to the store and buy it. The awesomeness that is Amazon is coming home from work and having the package already at my door step. That is the key concept.

IF I wanted to pick something up at the store then... well I'd just go to the store. And it wouldn't be wallmart.

By Rukkian on 3/27/2013 11:06:24 AM , Rating: 2
I agree, I would rather have it at home waiting, but there is one thing that the ship to store helps, and that is selection. At this point, walmart cannot hope to compare to amazon for number of products, but with ship to store, (in theory) they can start to compete, but wont be same day, it will probably be much longer than the 2 days from amazon, and you have to still go pick it up.

By ClownPuncher on 3/27/2013 1:47:50 PM , Rating: 2
Plus, you don't have to deal with 900lb women with 20 children all wearing dirty pajama pants.

By ipay on 3/27/2013 3:30:26 PM , Rating: 2
Wait... at your wal-mart they wear pants not just diapers?! Lucky.

By rasmith260 on 3/27/2013 4:24:07 PM , Rating: 2
LOL Wait a minute, you shop at Wal-Mart and have the nerve to talk about someone else LOL. Well let me open your eyes; anyone who shops at Wal-Mart is pure trash and like most trash you’re too stupid to realize it LOL.

By glowingghoul on 3/28/2013 1:06:55 PM , Rating: 2
anyone who shops at Wal-Mart is pure trash

Excuse me? All those working class people who shop at WalMart because their lower prices allow them to provide a better standard of living for their families are "pure trash"?

By ClownPuncher on 3/28/2013 1:29:23 PM , Rating: 2
That's correct. Conversely, all those working class people who shop at Amazon to provide themselves a better standard of living are quality individuals with higher standards.

By bsd228 on 3/27/2013 2:16:24 PM , Rating: 2
> I agree. It doesn't make sense, minds as well go to the store and buy it. The awesomeness that is Amazon is coming home from work and having the package already at my door step. That is the key concept.

Depends on where you live. In an urban environment, packages on the doorstep and the amazon logo have a short shelf life. Or a trip to the UPS pickup office is in order, and where I just moved, this pickup office closes at 5:30 pm. Amazon's locker is the solution for the objects that fit - there are Radioshack's near home and they're open till 9, and most importantly, open on weekends. It actually becomes a faster method for me than UPS.

By MadMan007 on 3/28/2013 7:26:43 AM , Rating: 2
Urban market - exactly what I was thinking. There are some apartments I've lived in that, while decent complexes, made me hesitant to order stuff that would sit on the stoop. I would have them delivered to the office instead. And it's worse in true urban environments where there's more random foot traffic and fewer options for secure drop-off.

"And boy have we patented it!" -- Steve Jobs, Macworld 2007

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki