GET

Get an accurate view of the market

GO

Go quickly with automations and predictive data

Omni Transformation Assessment

See how you stack up against industry benchmarks with this 5-minute quiz.

Take the assessment →
Sign up for our newsletter | Subscribe →

Learn more about Profitero

We give you powerful visibility into your data and guidance to grow your sales faster.

 

Competitor Monitoring: Walmart to begin trialing in-store lockers

March 26, 2013
Profitero
Written By
Profitero

Walmart has announced it will start to trial in-store lockers in selected US stores this summer in order to hold goods ordered online for shopper collection. The locker initiative is part of Walmart’s plan to combine its bricks-and-mortar dominance with online and mobile technology to compete with online retailers such as Amazon. Amazon launched its locker delivery service in 2011.

Walmart has also announced it is doubling the number of stores that can fulfill orders placed online, in an attempt to match Amazon’s distribution network. Whilst Walmart is the world’s biggest retailer, it is now looking to grow its online revenues and is focusing on linking its online business with the thousands of physical stores it has across the US. The retailer is also planning to ship orders from its stores directly, enabling it to fulfill customer orders much faster and directly competing with Amazon Prime which provides free two-day shipping in the US for $79 a year.

“We are absolutely tenacious about building best-in class e-commerce”, stated Neil Ashe, President and Chief Executive of Walmart Global eCommerce. “But we are the only ones who can marry that with the largest retailer in the world.”

Earlier this month, Walmart said it is tripling the number of pilot stores which offer ‘Scan & Go’, allowing shoppers to scan items with their iPhones and pay at self-service counters. With more than half of its shoppers using smartphones, Walmart is trying to make shopping more convenient for shoppers who embrace mobile technology.

Profitero.com web-based competitor price monitoring for retailers and brands

About Profitero

Pricing intelligence company Profitero provides retailers with actionable price intelligence data, monitoring over 50 million products across 4,000 eCommerce retailers every day, observing pricing, promotions and stock availability. We work with the world’s leading retailers, enabling them to acquire new customers and grow profit margins by monitoring and responding to changes in competitor pricing and promotional activity as they happen. For more information on Profitero price intelligence and competitor monitoring, visit www.profitero.com or email sales@profitero.com

View all posts
Do Not Sell My Personal Information