Retail cooperation running a chain of hypermarkets and departmental stores Walmart Inc. (WMT) a delivery service for other merchants across the United States known as Walmart GoLocal.
This initiative entails delivering items up to the last mile, Walmart will dispatch workers from its Spark delivery network from the stores selected by merchants as their pick up station to deliver the items to customers.
This initiative was first revealed by the company’s chief financial officer, Brett Biggs, a few days ago during an earnings call in which he said they have doubled Spark’s coverage team to over 500 cities.
“We were looking at different potential revenue streams, ways to commercialize the capabilities and scale that Walmart has and so we’ll think about what that means as this program unfolds,” said senior vice president of Walmart’s last mile business, Tom Ward.
The company failed to reveal specific details concerning the fee charges of the program however it said that the program will be ‘competitively priced’.
