Reports: Walmart’s To Open Fulfillment Center In New York

Retail giant Walmart Inc.’s (WMT) e-commerce site will open a new fulfillment center in New York City later this year, according to media reports on Tuesday.

The new fulfillment center in the Bronx, slated to open this fall, will enable to bring same-day and next-day delivery to New York City. The move is expected to enable Walmart to better compete with Inc. (AMZN). was acquired by Walmart, the world’s largest retailer, as part of its efforts to challenge Amazon’s dominance in the e-commerce market. In September 2016, Walmart completed its acquisition of Inc. for $3 billion in cash. targets urban, millennial customers.’s Bronx facility will reportedly stock Jet inventory exclusively, including groceries and select general merchandise. The fulfillment center will also bring hundreds of jobs in the neighborhood. will use Parcel, a third-party delivery service, to help with deliveries to customers. Walmart said in October 2017 that it acquired Parcel, a New York City-based same-day delivery service company.

In March, Walmart said it plans to expand its Online Grocery Delivery option to more than 40 percent of U.S. households by the end of the year. The company noted that the service will be expanded to more than 100 metro areas across the country.

by RTTNews Staff Writer

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