Wednesday, 23 October, 2019
  • Sci-tech
  • Walmart buys Brooklyn startup for same-day NYC delivery

Walmart buys Brooklyn startup for same-day NYC delivery

Walmart is moving in New York Walmart is moving in New York
Clarence Schmidt | 04 October, 2017, 00:59

The giant retailer has acquired Parcel, a Brooklyn, N.Y. -based company that handles scheduled and same-day delivery services in NY for online retailers like Bonobos and meal-kit companies like Chef'd and Martha Stewart's Martha & Marley Spoon.

With the resources of Walmart behind it, it's easy to see Parcel's service expanded to other big cities, helping the company build out a network akin to Amazon's Prime Now rapid delivery service.

The latest salvo is Walmart's announcement that it has acquired Parcel, a last-mile delivery service. In addition, Walmart is considering how to leverage Parcel to deliver products including perishable food to consumers in New York City, building on a Jet.com free same-day delivery initiative.

In a sign of the intensifying battle for New York's online shoppers, Wal-Mart Stores Inc. acquired Parcel, a company specializing in same-day deliveries of groceries and meal kits. "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 ideal place for high-impact innovation", Faust wrote in a blog post. For residents without a doorman, the process of accepting packages when not at home can be hard. Parcel's delivery vans have "No doorman?"

Many of Amazon's same-day deliveries are made by Amazon Flex drivers, who are classified as subcontractors rather than full-time employees.

Stanton finishes just shy of 60 home runs
It was another no-doubter for Stanton, who is the first player to reach 58 home runs since Ryan Howard with the Phillies in 2006. Kyle Freeland (11-11) gave up two runs and five hits in three innings in his first start since September 11 for the Rockies.

Walmart has continued to ramp up its online shopping business to compete with Amazon.

Parcel uses routing algorithms, leased vehicles and an employee-based workforce to sort, load and deliver packages to customers on the same day, overnight and in scheduled two-hour windows, according to the press release.

The move comes just weeks after Amazon.com completed its acquisition of Whole Foods, which has a large presence in New York City and will likely help Amazon accelerate grocery delivery.

The move also means Walmart has finally found a home in NY, where it's been blocked in its efforts to open stores for years.

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