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Wal-Mart partnering with Uber, Lyft to pilot grocery delivery program

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Wal-Mart partnering with Uber, Lyft to pilot grocery delivery program
Krystina Gustafson | Courtney Reagan
Fri, 3 Jun '16 | 12:01 AM

Wal-Mart is testing a new way to bring products to your front door.

At the company's annual shareholders meeting in Bentonville, Ark., Friday, CEO Doug McMillon will announce a grocery delivery pilot with Uber and Lyft. The test will debut in Denver, Colo., and Phoenix, Az., over the next two weeks, and follows what the company called a "very quiet" pilot between Sam's Club and Deliv in Miami, Fla., in March.

The tie-up with that delivery company, which has scored investments with major mall operators including Simon Property Group, involves delivery of both grocery and general merchandise.

"We've been working on convenient new ways to make shopping easier for our busy customers and members. You can see this in our rapid expansion of online grocery pickup across the country," Michael Bender, an executive vice president in Wal-Mart's global-commerce division, wrote in a blog post.

That includes a grocery home delivery service that is currently offered in San Jose, Calif., and Denver, Colo.

To place an order for home delivery, a customer in one of the test locations goes online and selects the preferred delivery window.

Store associates will then select and prepare their orders, and request a driver from one of the companies to pick it up. Shoppers pay the retailer's standard $7 to $10 delivery charge online, and pay nothing to the driver when their order is delivered.



 
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Walmart to test delivery with Uber, Lyft
While Wal-Mart Stores is making heavy investments in developing internal capabilities for online grocery shopping, it's looking externally for help with the last mile.

The company on Friday said it would begin a test of ride-sharing services Lyft (in Denver) and Uber (in Phoenix) to execute home delivery of grocery orders within weeks. The company also said Friday it had been quietly testing a partnership with Deliv involving delivery of general merchandise and grocery for business members in Miami.

"We’re thrilled about the possibility of delivering new convenient options to our customers, and about working with some transformative companies in this test," Michael Bender, EVP and COO of Walmart.com, wrote in a blog post published Friday. "We’ll start small and let our customers guide us, but testing new things like last-mile delivery allows us to better evaluate the various ways we can best serve our customers how, when and where they need us."

While Walmart is rapidly growing online shopping for store pickup, it has moved deliberately in home delivery, offering the service only in Denver and San Jose currently.

Bender said grocery delivery customers in the test markets would shop online as they typically would and select a delivery window.

The order will be picked by Walmart shoppers who would request a driver from one of these services to come to the store, pick up the customer’s order, and take it directly to the customer’s location.

"It’s all seamless to the customer," Bender noted. "They pay us our normal $7-10 delivery charge online, and make no payment to the driver. We’ll also let them know their order is being delivered by a driver from Uber or Lyft."
 
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Will Walmart (WMT) Stock Rise on Uber, Lyft Deal? Jim Cramer Weighs In
Lindsay Rittenhouse
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Jun3,20161:39PMEDT
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NEW YORK (TheStreet) --Walmart Stores (WMT) , the Bentonville, AR-based wholesale and retail giant, announced today plans to team up with Uber andLyft to deliver groceries.


Under the new program, employees will call an Uber or Lyft to transport delivery orders they receive from customers, who will then pay a $7 to $10 delivery charge to Walmart, the company said in a statement.


Walmart will first test the program with Uber in Phoenix and Lyft in Denver, according to Bloomberg.


Faced with competition fromAmazon.com (AMZN) and its next-day delivery services, Walmart's new plan is a good way to step up to the challenge, TheStreet's Jim Cramer says.


In addition, the retailer has started to sell craft beer under private-label brands Cat's Away IPA, After Party Pale Ale, Red Flag Amber and 'Round Midnight Belgian White, available in 12-packs for $13, TheStreet's Brian Sozzi reports.


Shares of Walmart are lower by 0.11% to $70.87 on Friday afternoon.


Separately, TheStreet Ratings rated Walmart Stores as a "buy" with a score of B.


This is driven by multiple strengths seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. TheStreet Ratings feels its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.


You can view the full analysis from the report here: WMT


TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.


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bgbtylvr

bgbtylvr

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Pass. Motherfuckas might piss on your vegetables. Poison your food. Spit or bust off on it. Bad enough when you get pizza delivered. I don't trust that shit beyond sealed or canned foods, beer and soda.
 
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Dear Walmart associates impacted by the recent store closures



Changes at work are always hard, especially when they impact your schedule or the ability to support your family. So we wanted to let everyone affected by last week’s store closures at Walmart know about the opportunity to make money driving with Uber.

It’s quick and easy to get started— sign up at the top of this page. You can use your own car and you work when you choose. There’s no schedule, ever, which means you can drive for as much or as little as you want. In fact, most of our partners drive less than ten hours a week. To help you get started, we’ve put together a special package for Walmart associates affected by the closures.

  • $250 Special Offer: Uber will be offering $250 if you complete 50 trips within 30 days of your account being activated. This is time limited so see the details below.

  • Need help getting a car? Uber offers a variety of options including: flexible lease options through Xchange Leasing that require as little as $250 + insurance to get started; discounts on popular new vehicles; and rental options in some cities, includingEnterprise Rent-A-Car®.

  • Momentum Rewards Program:Exclusive deals for qualified drivers, such as discounts of up to 15% at major auto maintenance retailers; a Partner Fuel Card powered by FleetCor and MasterCard that provides discounts of up to 15 cents per gallon at gas stations nationwide, including discounts at participating Exxon- and Mobil-branded retail stations throughout the US; and discounts of 15 to 18% at top wireless carriers AT&T, Verizon, and Sprint for eligible driver partners and their immediate family.



To qualify for the incentive, you must:



  • Be new to Uber and signed up to drive after 1/18/16
  • Submit Walmart pay statement dated no earlier than 12/1/15
  • Complete 50 trips within 30 days of being activated to drive with Uber. No more than two rides given to the same passenger will count towards the trip requirement.
 
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MonkeyBizness said:
When self-driving cars become the norm, and the FAA allows for drone deliveries, :itsawrap:
nothing will be the same.
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I was just telling my daughter that I envied her. She will not have to spend 40 years of her life working. She can devote her life to whatever she wants. I've been working for 10 years and I'm ready to retire. I'm burnt out.
 
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Jay-Vill said:
I was just telling my daughter that I envied her. She will not have to spend 40 years of her life working. She can devote her life to whatever she wants. I've been working for 10 years and I'm ready to retire. I'm burnt out.
Click to expand...


Shit dude who created snapchat, got a few billions attached to his name
 
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bgbtylvr said:
Pass. Motherfuckas might piss on your vegetables. Poison your food. Spit or bust off on it. Bad enough when you get pizza delivered. I don't trust that shit beyond sealed or canned foods, beer and soda.
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Agreed. ... good idea though.. but ill still go to the store myself.. plus cant nobody pick fruits n vegetables like ur self
 
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Ceenote said:
Agreed. ... good idea though.. but ill still go to the store myself.. plus cant nobody pick fruits n vegetables like ur self
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Yea bro, I don't like the idea but some will think this the best thing since toilet paper
 
Ceenote

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Mask said:
Yea bro, I don't like the idea but some will think this the best thing since toilet paper
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True dat.. its like no matter if they dnt do it someone else will.. but here in chicago a place called peapod been doing this for a long while now
Side note i never get my pizza delivered
 
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Ceenote said:
True dat.. its like no matter if they dnt do it someone else will.. but here in chicago a place called peapod been doing this for a long while now
Side note i never get my pizza delivered
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Good point, kids wonder why I like going inside to get food..."We can at least see them prepare it"
 
Ceenote

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Mask said:
Good point, kids wonder why I like going inside to get food..."We can at least see them prepare it"
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In the early 90's i used to. What stopped me is some people at my old job had a very bad experience. They had ordered pizza n the driver called back n asked them how did they like their pizza and the he had nutted on their pizza and he had AIDS!!! Im like wtf!!! They caught the dude n locked him up..my mind has been changed ever since!!
 
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Ceenote said:
In the early 90's i used to. What stopped me is some people at my old job had a very bad experience. They had ordered pizza n the driver called back n asked them how did they like their pizza and the he had nutted on their pizza and he had AIDS!!! Im like wtf!!! They caught the dude n locked him up..my mind has been changed ever since!!
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Surprised that didn't changed your eating habits altogether
 
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tallblacknyc said:
better not waste the idea and push it
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Actually I talked about it last night...

The idea kinda got buried, when a huge opportunity presented it self...(which crumbed on our end, disloyal individuals).

The uber/walmart merger helps the marketing aspect of it.
 
kuu

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Jay-Vill said:
Why are you buying fruits and vegetables from Walmart?
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Ha very true. I guess it's an option if you don't have any paper. I'd rather see black folks eating walmart vegetables n shit than McDonald's. I feel you though
 

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