As per reports, Walmart (WMT) has gained Home Depot (HD), as its first client for its new GoLocal fast delivery service. The service includes same-day and next-day delivery at select stores in New Mexico, Arkansas, and Texas initially, before expanding to other markets by year-end. The items Walmart will deliver for Home Depot will be smaller items that can fit into a car, like paints, tools, and other supplies.
Walmart announced the launch of GoLocal in August as a new source of revenue it could make as a byproduct of its e-commerce infrastructure and the huge network of stores across the U.S. With the partnership Home Depot, benefits to expand its quick delivery. The company has its own e-commerce firepower, with online sales almost doubling last year, and it is investing $1.2 billion in its supply chain. Also with Walmart, which doesn’t compete all that much, can assist it with the fast delivery of smaller items.
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