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Walmart expands home delivery in fight with Amazon

Reuters  |  NEW YORK 

By Nandita BoseNEW YORK (Reuters) - Walmart Inc will expand its grocery home delivery services to reach more than 40 percent of U.S. households, or 100 metro areas from an existing six, as the retailer steps up a fight against rival Inc.The extra cost may hit Walmart's bottom line, but increased spending on grocery delivery is seen as essential in the fierce battle for online orders for food and household staples."It is an absolutely necessary step for them to take in terms of their ability to compete with Amazon in particular," said Ken Perkins, founder of research firm Retail ...

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First Published: Wed, March 14 2018. 22:03 IST