Walmart plans to expand delivery service to 30 million U.S. homes in 2022
Walmart’s (WMT) shares rose despite the overall market downturn after the company announced plans to expand its in-home service to deliver groceries to refrigerators to 30 million U.S. homes in 2022. At the same time, Wal Mart’s delivery service will be using 5,000 electric vans from Bright Drop, a division of General Motors.
With the largest supermarket chain, Walmart has actively invested and continues to invest in digital commerce, delivery services, and its competitive advantages.
On Wednesday, Walmart announced the reservation of 5,000 electric vans from Bright Drop (a division of General Motors) for use in the delivery fleet of its InHome service.
At the same time, the company intends to hire more than 3,000 driver assistants to scale the service, moving from InHome availability for 6 million to 30 million homes in the United States.
Walmart does not name the exact number of current customers who use the InHome service, launched as a pilot project back in 2019.
A feature of InHome delivery from Walmart is delivering fresh food, essentials, and much more directly to the refrigerator.
For security, an InHome delivery employee enters the house using a one-time access code while having a camera to record the delivery on video, also using security measures, including wearing a mask and disinfecting surfaces.
For its fleet of all-electric vans, Walmart uses its infrastructure consisting of 1,396 charging stations for electric vehicles in Sam’s stores and clubs in 41 states.
Walmart has a network of more than 3,400 stores, covering 70% of the U.S. population. A significant advantage of the company short distance assembly point of the order to the customer.
Having a vast, well-established delivery network that customers like and generates a constant revenue stream for Walmart can favorably distinguish the company from its competitors in this area: Amazon (AMZN), Uber Eats (UBER), DoorDash (DASH), and others.
In contrast to the sharp decline in the market on Wednesday, Wal Mart shares ended trading with an increase of 1.35%.
