Walmart to offer independent drivers in U.S. new holiday bonuses in battle with Amazon [Globe and Mail, The (Toronto, Canada)]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: Globe and Mail, The
Walmart WMT-N increase will pay independent delivery drivers new financial incentives to pick up online orders at its U.S. stores and deliver them to shoppers during the holiday season, the retailer told Reuters. The move is part of Walmart's strategy for boosting sales to upper-income households and competing with e-commerce rival Amazon.com AMZN-Q increase , which is selling more everyday essentials to shoppers that it delivers in a day or two. Josh Havens, spokesperson for the world's biggest retailer, said the company would offer delivery incentives and more earning opportunities to existing drivers. He declined to provide details. U.S.-based Walmart relies on a loosely organized network of thousands of freelance drivers who download a Walmart-designed app, Spark Driver, to their cellphones. “Spark Driver is very important to Walmart … because it helps grow e-commerce sales and Walmart Plus subscriptions,” said Arun Sundaram, senior vice president at CFRA Research, re
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WMT
Earnings
- 11/19/24 - Beat
WMT
Sec Filings
- 12/27/24 - Form 4
- 12/27/24 - Form 4
- 12/26/24 - Form 4
- WMT's page on the SEC website