March 23, 2018

Wal-Mart buys NYC delivery service

05 October 2017, 12:51 | Franklin Nunez

Parcel and its founder Jesse Kaplan are now part of Walmart. Parcel

Parcel and its founder Jesse Kaplan are now part of Walmart.    

Walmart announced today (Oct. 3) that it had purchased Parcel, an delivery service that specializes in toting groceries and packages to the apartments of New Yorkers.

The financial terms of the deal were not disclosed. Not only does Amazon offer Prime members free two-hour delivery on a limited assortment of goods, it also lets these customers get same-day delivery for free on a catalog of more than a million products.

Wal-Mart plans to leverage Parcel for last-mile delivery of general merchandise and fresh and frozen groceries to customers in New York City, the top market for both Jet and That goes even more so for a densely populated metro area like NY, the top market for Walmart's website and its subsidiary but also one of the toughest to navigate.

Now with the announcement of the Parcel acquisition, how Walmart will facilitate these deliveries has become more clear. In addition to this latest step in growth, has been testing free same-day delivery of certain orders to customers in New York City. That's why my team spends a lot of time thinking about ways we can make deliveries faster and more convenient for customers. Wal-Mart purchased online retailer Jet for more than $3 billion previous year.

Resurgent Arsenal seals 2-0 win against Brighton
It's very hard to be very expansive here, particularly when you are a team like we are that's just been promoted. Arsenal now have to wait until October 14 for their next match, away to Watford in the Premier League .

The Brooklyn, N.Y. -based delivery business provides same-day and overnight service throughout New York City using routing algorithms, a fleet of leased vehicles and an in-house workforce to quickly sort, load and convey perishable and non-perishable packages.

Wal-Mart now offers grocery pick-up service at hundreds of stores nationwide and recently began testing same-day delivery at a handful of stores. Wal-Mart plans to grow that base.

"Customers' expectations around delivery and what is possible have changed significantly in the past couple of years", Faust said in an interview on Wal-Mart's official blog. And recently, Walmart starting testing out an option that would give delivery drivers access to a customer's home so that groceries ordered online could be put in the fridge if the customer isn't home. "It's the flawless place for high-impact innovation", he said.

Other News

Trending Now

Two accused plead not guilty in Kim Jong Nam murder trial
The Vietnamese Thi Huong and the Indonesian Siti Aisyah is on trial for the assassination of Kim Jong-nam. Mr Kim died in February at Kuala Lumpur's airport in a mysterious case that has gripped the world.

Tesla Is Falling behind on Model 3 Production This Year
The figure is also a long way off the 20,000 a month by December that Tesla CEO Elon Musk had indicated back in July . Both the Models S and X had slower-than-advertised rollout schedules when they first launched.

Bills vs Falcons Live NFL at Mercedes-Benz Stadium on Sunday
Tyrod Taylor connected with Charles Clay for 44 yards and then with Jordan Matthews from 9 yards out to get their first lead. Limited all week in practice with a back injury, Jones suited up and caught the first pass of the game from Matt Ryan .

Dalvin Cook out with knee injury
It was the first field goal Forbath has missed since joining the Vikings last November, and he is now 21 of 22. The Lions (2-1) and Vikings (2-1) are trying to keep pace with the Green Bay Packers (3-1) in the NFC North.

Mizoram: Not a single Rohingya entered state says Home Minister Lalzirliana
Those fleeing have described indiscriminate attacks by security forces and Buddhist mobs. They were accused of storming a house of Rohingya refugees in a suburb here last week.

Derek Carr out 2 to 6 weeks with back injury
At 2-2, the Raiders have no cushion, and yet they're going to start a quarterback who hasn't won a start since September 2014. Carr remained on the ground for several moments as team trainers and medical personnel came on to the field to tend to him.

Bayern Munich sack Carlo Ancelotti
It did not help Ancelotti's cause that he controversially benched senior players Mats Hummels , Arjen Robben and Franck Ribery . Ancelotti's sack was triggered by 3-0 loss to Paris Saint Germain at the Pac de Princes on Wednesday.

Google reveals the Pixelbook, a high-performance Chromebook
As you might know, the Active Edge feature lets a user carry out certain tasks by squeezing the smartphone's frame from the sides. Moreover, Google repeatedly focused on Google Home Mini being a means of turning your standard home into a "smart" home.

Blockchain, AI, chatbots, cloud … Oracle bingo!
With this roll-out, Oracle says that it has committed to supporting cloud-native, opensource communities. He made this announcement during his opening keynote presentation at the Oracle OpenWorld 2017 event.

Meet the Google Home Mini, a $49 Amazon Echo Dot Alternative
Google kicked off its hardware event today with a couple of new additions to its line of connected speaker products for the home. Following that, this year, Google could be giving out another bundle in the form of 2 gen headset and not Google Home Mini .