From Yahoo Finance · · 1m 30s
Walmart Marketplace Growth Tops 50%
Walmart stores power faster delivery with 50% Marketplace growth.
In brief
Walmart stores power faster delivery with 50% Marketplace growth. Walmart's Marketplace grew over 50% in first two quarters using 4,500 U.S. stores for faster delivery and fulfillment. Originally reported by Yahoo Finance.
Marketplace growth exceeds 50%
Walmart Marketplace growth exceeded 50% in each of the first two quarters, driven by improvements in product assortment, pricing, discovery, fulfillment and delivery speed rather than a single operational change.
Stores power faster delivery
Walmart is using its 4,500 U.S. stores as fulfillment nodes, allowing Marketplace inventory to be positioned closer to customers and enabling pickup or delivery, potentially in as little as 30 minutes in some areas.
Fulfillment services boost seller economics
Walmart Fulfillment Services reportedly achieves conversion rates more than 50% higher and costs 15% lower for products using the service.
International expansion underway
Walmart is expanding its Marketplace model into Canada, Mexico and Chile using the same U.S. marketplace playbook.
Walmart's store footprint as differentiator
Walmart's 4,500 U.S. stores, alongside fulfillment centers and its broader supply-chain network, allow the company to position inventory closer to customers.
95% population within 3-hour delivery
95% of the U.S. population is within a three-hour delivery range of Walmart stores, while 60% is within a sub-30-minute range.
Walmart pickup and delivery growth
Walmart's online pickup and delivery business grew 43% in the most recent quarter.
Walmart's international strategy
Walmart is extending its Marketplace approach to Canada, Mexico and Chile, allowing sellers to access multiple markets through one entry point.
At a glance
Walmart's Marketplace grew over 50% in first two quarters using 4,500 U.S. stores for faster delivery and fulfillment.
