Walmart Inc. announced on its website that it’s extending delivery times by two hours, so orders will now arrive as late as 10 p.m. local time. With the change, customers who place orders by 6 p.m. can receive their packages using same-day or next-day delivery. Through the Spark Driver app, there will also be additional windows for delivery. It will still cost between $7.95 and $9.95 for one-time delivery, with an extra $10 fee for two-hour delivery. Walmart+ members get unlimited free deliveries. The retail giant is also making the window of time to amend orders wider, has added the number of items eligible for delivery, and is expanding the number of stores that will make alcohol available for pickup and delivery. Walmart will be closed on Thanksgiving day. Walmart stock is up 1.3% for the year to date while the Dow Jones Industrial Average has gained 16.4% for the period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
