New acquisition of delivery company to assist Walmart in its delivery plans.
The delivery race continues among all industries and Walmart has just made another major play.
Walmart has acquired Parcel,, a technology-based, same-day and last-mile delivery company specializing in perishable and non-perishable delivery to customers in New York City.
Nate Faust, senior vice president, Walmart U.S. eCommerce Supply Chain, explained on Walmart’s website, “delivery is increasingly one of the most important elements for today’s online shoppers, as demands for speed, flexibility, and reliability continue to grow.”
Parcel has partnerships with several meal kit, grocery and e-commerce companies, and has delivered more than one million meals in the past two years, Faust pointed out. “So our immediate plan is for Parcel to continue serving its existing clients and growing its customer base.”
But he noted the program will benefit Walmart’s same-day deliveries as well.
“Jet has been testing free same-day delivery of certain orders to customers in New York City. We can build upon that and plan to leverage Parcel for last-mile delivery to customers in New York City – including same-day delivery – for both general merchandise as well as fresh and frozen groceries from Walmart and Jet,” he said.
