Reportedly, Walmart Stores, Inc. (WMT) to test a pilot project to gear up its delivery business for the delivery of products with automated drones along with Flytrex, an end-to-end delivery firm. The test is expected to start in the second week of September in Fayetteville, North Carolina with cloud-controlled drones engaged in picking up and dropping off select items.
“We know that it will be some time before we see millions of packages delivered via drone. That still feels like a bit of science fiction,” stated Tom Ward, senior vice-president.
Walmart, whose U.S. online sales doubled in the second quarter is working to boost its delivery process. The retailer has previously partnered with Ford Motor Co and self-driving vehicle startups Gatik and Nuro to explore delivery options, as the pandemic makes consumers prefer items delivered at their doorsteps rather than visiting stores.
Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page.
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