Walmart Launches Walmart GoLocal, a New Delivery as a Service Business
August 24 2021 - 12:01AM
Business Wire
The retailer is commercializing its delivery
platform, beginning with delivery as a service, helping businesses
of all sizes bring their products closer to their customers’
doorsteps
Walmart GoLocal is poised to be a top white
label delivery service provider and furthers the retailer’s
strategy to build alternative revenue streams and profit pools
Today, Walmart announced the creation of a new line of business
– Walmart GoLocal – that extends its expertise in delivering goods
to customers to businesses of all sizes.
“In an era where customers have come to expect speed and
reliability, it’s more important than ever for businesses to work
with a service provider that understands a merchant’s needs,” said
John Furner, president and CEO, Walmart U.S. “Walmart has spent
years building and scaling commerce capabilities that support our
network of more than 4,700 stores and we look forward to helping
other businesses have access to the same reliable, quality and
low-cost services.”
Walmart GoLocal is built on the retailer’s proven ability to
execute delivery capabilities at scale with efficiency. In just
three years, the retailer launched and scaled delivery and Express
delivery for its customers on 160,000+ items from more than 3,000
stores, reaching nearly 70% of the U.S. population and growing
using its existing delivery network, including drones, autonomous
vehicles and market fulfillment centers.
This white-label delivery as a service offering empowers
businesses to grow using Walmart’s delivery capabilities and
nationwide coverage at competitive pricing. This includes delivery
on a range of assortment, including those with size and complex
requirements, as well as the flexibility to meet varying timelines.
The business will also rapidly expand to offer additional
innovative offerings.
“We’ve worked hard to develop a reliable last mile delivery
program for our customers,” said Tom Ward, senior vice president,
last mile, Walmart U.S. “Now, we’re pleased to be able to use these
capabilities to serve another set of customers – local merchants.
Be it delivering goods from a local bakery to auto supplies from a
national retailer, we’ve designed Walmart GoLocal to be
customizable for merchants of all sizes and categories so they can
focus on doing what they do best, leaving delivery speed and
efficiency to us.”
Walmart GoLocal has already established a number of contractual
agreements with national and enterprise retail clients and is
currently accepting select new merchant partners at
www.walmart.com/GoLocal.
This business is an important part of the company’s overall
strategy, which includes diversifying its revenue streams and
profit pools with initiatives like Walmart Connect and Walmart
Fulfillment Services. Its launch comes weeks after the retailer
announced plans to begin offering technologies and capabilities to
help other businesses navigate their own digital
transformation.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere - in retail stores,
online, and through their mobile devices. Each week, approximately
220 million customers and members visit approximately 10,500 stores
and clubs under 48 banners in 24 countries and eCommerce websites.
With fiscal year 2021 revenue of $559 billion, Walmart employs 2.2
million associates worldwide. Walmart continues to be a leader in
sustainability, corporate philanthropy and employment opportunity.
Additional information about Walmart can be found by visiting
https://corporate.walmart.com, on Facebook at
https://facebook.com/walmart and on Twitter at
https://twitter.com/walmart.
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Camille Dunn 1-800-331-0085 news.walmart.com/reporter
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