Walmart Covering More Ground Against Amazon With Its | MobileAppDaily
technology

Walmart Covering More Ground Against Amazon With Its Latest Strategies

Walmart online business is picking up the speed against Amazon.

https://dk2dyle8k4h9a.cloudfront.net/Walmart Covering More Ground Against Amazon With Its Latest Strategies

Walmart, the world’s largest retail store is currently experiencing a surge in its profit after a long time. The hike in the business of Walmart makes the fight between the two biggest retail companies more interesting that include Amazon. Both Amazon and Walmart has been in a continuous rivalry over the US market. Walmart US revealed its quarterly business last Thursday which turned out to be the company’s best one in years. The Walmart US comprises the three-fifth business of Walmart that helps in increasing the company’s share by 10%, which happens for the first time in the last ten years. Besides, the company’s brick and mortar stores experienced a 2.2% surge in the customer visits.

Walmart's fresh food and grocery delivery services helped the company to garner maximum profit. However, the major reason for the sudden hike in the numbers is due to the increase in the online sale of Walmart. The company experienced a 45% jump in its online sale which is shocking for all. Walmart recently changed its approach and strategy towards the online service that helped the company to produce a boom in its sale.

The booming business of Walmart concerns for Amazon that currently rules the online shopping land. According to recent reports most of the online consumers access Amazon for online shopping. However, Walmart is challenging the biggest online retailer. According to Walmart, it has stored within 10 miles of 90 % of US that includes 4,800 US physical stores that almost 3,600 supercenters to date. On the other hand, Amazon has only a handful of food stores in the US that count less than 500.

Along with this Walmart has innovatively incorporated almost 700 automated pickup tower from where consumers can get their online orders. The move from the company not only cuts down the shipping cost but also reduces in-store traffic. Walmart also offers the automated pickup towers for the grocery deliveries which covers three-fifths of the Walmart US business. With its cost-saving initiative, Walmart has given a hard time to other brick and mortar stores of the companies like Kroger. Moreover, Walmart curbside pickup service for groceries also adds to the company’s business. In order to take the things to another level, Walmart is currently testing the self-driving cars in Arizona. According to the company, it will use these automotive vehicles and robots for delivering in the near future. This will not only speed up the process but also reduce the overall cost investment in shipping orders. However, Walmart isn't the only one working towards this approach. The company's all-time rival, Kroger is also testing its self-driving vehicle for successfully delivering the orders.

To further expand its online business against Amazon, Walmart added almost 100 new brands to its website, Walmart.com. The newly added brands include O’Neill surf, water apparel, Steve Madden Shoes and many more. The more options and variety of products will help the company in alluring more users.

“Our omni-channel initiatives are contributing to comp sales growth and providing customers with new levels of shopping convenience. To help deliver a more compelling store experience, we continue to bring digital capabilities to our stores to deliver a seamless experience for customers, however they choose to shop,” said Walmart president and CEO, Doug McMillon.

You may also like:

Vikram Khajuria
Written By
Vikram Khajuria

Jack of all trades. Covering the journalism field, Vikram writes at MobileAppDaily and keeps surfing the trends to understand tech and inventions better. Don’t forget his driving skills, he is a professional car rallyist. Life has just got better. Breathe it!!

Top Companies

InMobi
Singapore
Dot Com Infoway
New York, USA
M&C Saatchi Mobile
New York City, USA
Techmagnate
New Delhi, India
Fetch
London, UK
View full report

Latest Articles

Join our global community 135K Followers
technology

Claims Of Android Phone Makers On Latest Patches Are Falling Apart

Vikram Khajuria 4 min read  

Every now and then Android comes with its new updates or patches that is said to secure your smartphone. Every patch in the update works as a layer of protection, The more you have, the better for your device.It’s widely known that Android devices receive the latest updates after a gap of

technology

Google is Taking Over the World's Cloud Computing Services with its Latest Plan

Meenal Vashistha 4 min read  

Google has established itself as the synonym for the Internet. It’s present in our daily life even if we forget to acknowledge its presence. Every time a question/curiosity pops up, Google comes out with answers saving the day. No wonder Google’s network at present delivers around 25 per

technology

Apple September 12 Event: What To Expect And Everything You Should Know

Vikram Khajuria 3 min read  

Finally, the year has passed, and we are only a week away from Apple’s biggest announcements of the year. Yes, the fall is here and so as new iPhones, the time when the most valuable and lovable brand show off its true power. Apple has already announced that 12th September is the date for this

technology

Apple's Lawsuit Increases Fresh Criticism Over Heart Rate Sensor In Apple Watch

Neha Baluni 4 min read  

Things are really not rolling down in the right direction for the tech giant Apple. Omni MedSci (the health technology startup) has lodged a fresh complaint against Apple. The company claims that Apple is infringing on the patented technology in Apple Watch heart rate sensor, which seems to be the v