Walmart Buys Logistics Startup to Enable Same-Day Delivery in NY

Wal-Mart buys delivery logistics startup Parcel

Wal-Mart buys delivery logistics startup Parcel

"New York City is the top market for both Jet and Walmart.com, and because of the density of the area - along with the proximity of our fulfillment centers - it's the flawless place for high-impact innovation", Nate Faust, senior vice president for the retailer's e-commerce supply chain, said in a post on the company blog. The retailer announced today that it has acquired technology-based, same-day, and last-mile delivery company Parcel.

The idea is for Parcel to help Walmart with the most expensive final stretch of its same-day and scheduled shipping throughout the city.

The retailer plans to use the acquisition to beef up its last-mile delivery cababilities in New York City - including same-day delivery - for both general merchandise as well as fresh and frozen groceries from Walmart and Jet, according to the blog post.

Kim Jong-nam murder: Accused women plead not guilty, say was tricked
Nik said he learnt of Jong-Nam's death when a paramedic informed him after the ambulance had arrived at the Putrajaya Hospital. She said the man, who spoke English, told her he had been "attacked by a woman from behind ... another one closed his eyes".

The announcement came just a few days after Jet.com, the online retailer Walmart bought previous year for more than $3 billion, introduced higher-end, online groceries under a private brand that are aimed at younger urbanites.

"New York City is a really unique and complicated market, and that mastery is really rare", Parcel founder and CEO Jesse Kaplan said in an interview. For residents without a doorman, the process of accepting packages when not at home can be hard.

Wal-Mart said in June it would buy online men's fashion retailer Bonobos Inc for $310 million, on the same day Amazon unveiled a $13.7 billion deal to buy upmarket grocer Whole Foods Market Inc. Parcel's delivery vans have "No doorman?"

Piers Morgan's Mariah Carey interview about Las Vegas massacre bashed by viewers
Mariah was seen in her home in Beverly Hills sprawled on her chaise lounge in a burgundy gown with a Christmas tree behind her. The theme of the interview then changed when the hosts learned about the shooting at a country music festival in Las Vegas.

Walmart has continued to ramp up its online shopping business to compete with Amazon. That goes even more so for a densely populated metro area like NY, the top market for Walmart's website and its Jet.com subsidiary but also one of the toughest to navigate.

Walmart is up 15.91% this year. The company's 45-to-50 part-time employees, who sort and deliver orders, will also move over in the deal.

In addition to its workforce, Parcel operates an in-house fleet of leased and rented vehicles to manage delivery needs.

Video Shows US Drone Shot Down By Houthi Rebels In Yemen
The United Nations reports some 10,000 people have been killed and almost 3 million people have been forced from their homes. On Sunday, a United States-built MQ-9 Reaper drone was shot down in western Yemen, the Pentagon confirmed on Monday.

Recommended News

  • Wilton Speight Out For Multiple Weeks

    Wilton Speight Out For Multiple Weeks

    That's not all on Speight, but his numbers (three touchdowns, two pick-sixes and a 120.9 passer rating) are what they are. That O'Korn has shown he can move the offense and finish drives should give MI confidence going into its rivalry game.
    At least 17 killed in triple bombing in Syria's Damascus

    At least 17 killed in triple bombing in Syria's Damascus

    There was no immediate claim for the bombing, which was the first such attack in the city since July. The Syrian Ministry of Interior said that suicide bombers had blown up in front of a police station.
    Roku Announces 2017 Streaming Player Lineup

    Roku Announces 2017 Streaming Player Lineup

    Unlike Siri and Alexa there's no hotword you have to say to activate voice, it can simply be done by pressing the button. But it's definitely the good kind of hard, and it's nowhere near as expensive as going for an iPhone X or Galaxy Note 8.
  • Kansas City Chiefs vs Washington Redskins LIVE Stream online Monday Night Football

    Kansas City Chiefs vs Washington Redskins LIVE Stream online Monday Night Football

    Swearinger is dealing with a hamstring injury while running back Rob Kelley continues to battle problems with his ribs. The Redskins will still gain confidence from this game, being able to hang with one of the elite teams in the NFL .
    Mourinho: We Don't Miss Pogba

    Mourinho: We Don't Miss Pogba

    It's an opportunity for others, is a moment for others to step up and to get the chance, so I think that's good". United then end their stint away from Old Trafford at Huddersfield in the Premier League.
    Barca match played behind closed doors

    Barca match played behind closed doors

    He's missed a lot of games and he's very disappointed because he hasn't scored in La Liga yet, but that's football", Zidane added. Barcelona do not play again until travelling to face Atletico Madrid on October 14, after the worldwide break.
  • Hillary Clinton: It's Time To Stand Up To The NRA

    Hillary Clinton: It's Time To Stand Up To The NRA

    She writes in her book What Happened about how the U.S. needs to change its gun laws to prevent mass shootings. Peters gives credit to Las Vegas first responders for getting a handle on the situation as quickly as they did.
    LaVar Ball says he's going to home school his son LaMelo

    LaVar Ball says he's going to home school his son LaMelo

    LaMelo is the most-popular high school basketball player in the country, with more than 2 million followers on Instagram . Brother Lonzo is the Lakers' new point guard and brother LiAngelo will be a freshman at UCLA.
    Michael Che Calls Trump 'Cracker on 'SNL' ... Racist?

    Michael Che Calls Trump 'Cracker on 'SNL' ... Racist?

    Michael Che calls Trump a cracker and everyone loves it, if someone dropped the N word they would be fired. Alec Baldwin even won an Emmy for his impersonation of the president.
  • Trump slams Puerto Rico mayor, Democrats, news media over Hurricane Maria response

    Trump slams Puerto Rico mayor, Democrats, news media over Hurricane Maria response

    Sanders is also suggesting that Trump may care less about helping the people of Puerto Rico due to their race. Berrios is hoping the island will get more help but she doesn't think the island is getting enough attention.
    Narendra Modi bigger actor than me, says actor Prakash Raj

    Narendra Modi bigger actor than me, says actor Prakash Raj

    If you don't know something you should make an effort to understand it or listen when right people tell you right things. Kalburgi as terrorist attacks as they were carried out with the intent to generate fear and curtail free speech, Ms.
    Myanmar takes foreign diplomats into conflict-torn Rakhine

    Myanmar takes foreign diplomats into conflict-torn Rakhine

    The government in Myanmar has reportedly made an offer to take back Rohingya Muslim refugees from neighbouring Bangladesjh. The announcement was confirmed by Bangladesh Foreign Minister Abul Hassan Mahmood Ali and Myanmar official Kyaw Tint Swe.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.