Walmart continues to gain momentum in its e-commerce business as it ramps up online grocery in its battle against Amazon. The company’s first quarter financial results were also bolstered by comparable sales growth of 3.4%, which Walmart said is its best Q1 comp sales in nine years. Featured Watch out, GoPro! DJI has its own action cam now, the Osmo Action 10 best cheap phones: $400 (or much less) buys an iPhone, Pixel, or Galaxy alternative Trump signs executive order banning US telcos from buying or using foreign gear Best gifts for graduates under $50 on Amazon Overall, the world’s largest retailer ended the quarter with online sales growth of 37%, with online grocery contributing significantly. The company said it added about 350 grocery pickup locations and that pickup and delivery are now available in more than 2,450 and nearly 1,000 locations, respectively. The retailer expects to offer grocery pickup at 3,100 of its stores and delivery at 1,600 of those locations by year-end. The online grocery and e-commerce strategy lines up with the company’s broader omnichannel efforts as it battles Amazon. Walmart announced this week that it will roll out free next day delivery for orders of at least $35. The service will start in Phoenix and Las Vegas before eventually reaching 75% of US residents. The move can be seen as a counter to Amazon’s announcement last month that it would offer free, one-day shipping for Prime members. Walmart is also heavily investing on the technology front. CEO Doug McMillon shed… [Read full story]
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