Amazon to build a Fulfillment center in Walmart home state Arkansas.
Amazon announces first Arkansas fulfillment center
Jul. 07, 2020 11:19 AM ETAmazon.com, Inc. (AMZN)By: Brandy Betz, SA News Editor4 Comments
Walmart Claps back By introducing its own version of Amazon prime with Walmart +
Walmart takes on Amazon with $98/year delivery service - Recode
Jul. 07, 2020 12:01 PM ETWalmart Inc. (WMT)By: Brad Olesen, SA News Editor11 Comments
Amazon announces first Arkansas fulfillment center
Jul. 07, 2020 11:19 AM ETAmazon.com, Inc. (AMZN)By: Brandy Betz, SA News Editor4 Comments
- Amazon (NASDAQ:AMZN) will launch a new 825,000 square foot fulfillment center in Little Rock, Arkansas, in 2021. The site will create over 1,000 new jobs.
- Amazon is also planning a new 85,000 square foot delivery station, which provides the last mile of Amazon's fulfillment process. The station is expected to launch later this year.
- The Little Rock location will be Amazon's first fulfillment center in Arkansas, the home state of retail competitor Walmart.
Walmart Claps back By introducing its own version of Amazon prime with Walmart +
Walmart takes on Amazon with $98/year delivery service - Recode
Jul. 07, 2020 12:01 PM ETWalmart Inc. (WMT)By: Brad Olesen, SA News Editor11 Comments
- Walmart (NYSE:WMT) shares are surging intraday, outperforming the main gauge after Recode reports, citing sources, that the retailer's same-day delivery service, dubbed an "Amazon Prime Killer" by some is due to launch in July.
- The service, named Walmart+ is priced at $98 per year, which undercuts Amazon (NASDAQ:AMZN) Prime at $119. It was originally supposed to launch earlier in the year.
- The service will soon add video entertainment, and include other perks like discount on gas, product deals, reserved delivery and two-hour delivery offers.
- This comes after reports in April that Walmart was to offer faster delivery service called "express," which was available for an extra $10, and the announcement that it was discontinuing its Jet.com brand.
Last edited: