In Amazon vs. Walmart Delivery Battle, a Fresh Salvo
June 04 2019 - 10:16AM
Dow Jones News
By WSJ City
Amazon on Monday said it has made more than 10 million products
available for free one-day delivery to Prime members in the US, the
latest salvo in a battle over faster shipping speeds with rival
Walmart.
KEY FACTS
--- This comes three weeks after Walmart said it would offer
free next-day delivery on about 200,000 products.
--- The two rivals have been one-upping each other with
announcements of faster shipping options.
--- Amazon didn't specify which markets the shipping option is
available in, only saying it spans "coast to coast."
--- The push to quicken deliveries is creating a need for more
warehouses.
--- Blackstone said it would buy a network of US industrial
warehouses from Singapore-based GLP for $18.7bn.
--- This was the largest private real-estate transaction ever
and a bet on the explosion of e-commerce.
"We don't put a lot of time and energy or focus into competitors
because it can be distracting to being innovative for customers. We
believe what we are offering to Prime members today is
unmatched."
Amazon's Julie Law
Delivery Wars
Amazon has long offered one-day shipping on limited items and
free same-day delivery on some orders over $35. It also fulfills
same-day orders through its Prime Now operation. The new next-day
option doesn't require a minimum purchase for Prime members.
In mid-May, Walmart said it began offering free next-day
delivery in Phoenix, Las Vegas and Southern California, but only
for orders costing $35 or more. It said it would expand the option
to 40 of the top 50 US metro areas later this year.
A fuller story is available on WSJ.com
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(END) Dow Jones Newswires
June 04, 2019 10:01 ET (14:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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