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Focus on Urban Centers: Walmart’s Jet.com to Offer Same Day Delivery in NYC

siliconreview Focus on Urban Centers: Walmart’s Jet.com to Offer Same Day Delivery in NYC

Jet.com, a part of Walmart Inc, has made an announcement to introduce a new fulfilment centre in New York City this fall to bring same-day delivery to the city. The announcement was made public on Tuesday.

NYC will become the largest city in the United States as one of Jet.com’s first markets for same-day delivery.  

“We are excited to bring 100s of jobs to the greater New York City area through the opening of the Bronx Fulfillment Center this fall,” said Simon Belsham, president, Jet.com. “This is a key building block that is part of Jet’s strategy focused on urban centres,” he added.

Walmart is also pushing its capabilities to deliver online grocery delivery market. From the past few years, the retail giant has been working out on grocery delivery in around more than six US markets in an effort to compete with Amazon, which bought Whole Foods last year and launched free two hours free delivery for its prime members.

According to a report, Walmart has largely focused on investing a large amount of money in its e-commerce trade. The company has also uplifted their sales by around 40 percent in this financial year.

The acquisition of Jet.com by Walmart was in 2016 for $3 billion.  

 

 

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