Walmart, Amazon Deal Day Duel
In case it wasn’t already perfectly obvious that Walmart is gunning for Amazon, the Bentonville, Ark. giant just kicked up its e-tailing competition.
Walmart announced today that it will also offer thousands of discounts for online purchases on July 15, the same day Amazon plans on hosting its Prime Day shopping extravaganza.
And in its blog post announcing the sales, Walmart took a clear swipe at Amazon’s push to have shoppers subscribe to its $99 a year Prime service.
“We’ve heard some retailers are charging $100 to get access to a sale,” the Walmart blog says. “But the idea of asking customers to pay extra in order to save money just doesn’t add up for us. We’re standing up for our customers and everyone else who sees no rhyme or reason for paying a premium to save.”
Walmart, the world’s largest retailer, is also offering another limited-time deal to boost e-commerce sales.
Starting today, customers will receive free standard shipping with online purchases that cost a minimum of $35, instead of the usual $50. The change will be effective for at least 30 days.
In February, Walmart CEO Doug McMillon told analysts on an earnings conference call that the company would invest between $1.2 billion and $1.5 billion in e-commerce throughout the year.
Read: Walmart Steps Up Rivalry With Amazon Prime
Neither Walmart nor Amazon has released information about specific sale offers yet, so the early hype might prove unwarranted, but the battle is clearly on and now the claws are out.
Source: The Fiscal Times
Image: “The Code Of Honor - A Duel In The Bois De Boulogne, Near Paris”
Read: Amazon and Walmart: Facing the Retail, B2B & Consumer Supply Chain Titans
Article Topics
Dematic News & Resources
Dematic FIRST Scholarship program applications open Dematic showcases VR experience for site simulation How Data, Software and Hardware Enable the Future of Supply Chain Warehouse Operations Dematic and Groupe Robert open Quebec’s first fully automated cold storage facility Pocket sortation’s many efficiencies Dematic grants scholarships to five Grand Valley State University students Retail distribution closes in on the customer More DematicLatest in Supply Chain
FedEx Announces Plans to Shut Down Four Facilities How Supply Chains Are Solving Severe Workplace Shortages SAP Unveils New AI-Driven Supply Chain Innovations How Much Extra Will Consumers Pay for Sustainable Packaging? U.S. Manufacturing is Growing but Employment Not Keeping Pace The Two Most Important Factors in Last-Mile Delivery Most Companies Unprepared For Supply Chain Emergency More Supply Chain
