Walmart launches a new service, Walmart Fulfillment Services, which allows third parties to use the company to store, package and ship goods to end customers, so Walmart can better compete with Amazon. The new paid service will enable sellers who place their goods at Walmart.com to have the retailer handle the logistics and delivery of the goods to the buyer's door.
Currently, they have to use third-party companies to fulfill their orders or do it themselves. New and existing sellers can subscribe to the service as of yesterday, as per Jare’ Buckley-Cox, vice president of Walmart Fulfillment Services. A few months ago, the company launched a pilot project of the service, which featured a variety of brands in different categories, including shoes, clothing, and electronics. Walmart said that sellers and buyers will benefit from the new service. According to the reseller, sellers will pay low storage and shipping fees and will be able to increase profitability. Buyers will have more brands to choose from, faster delivery and easier returns.
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