Thursday, November 21, 2019

The little-known bankruptcy that’s shaking up America - btbirkett@gmail.com - Gmail

The little-known bankruptcy that’s shaking up America - btbirkett@gmail.com - Gmail



...Walmart is using its sprawling network of stores as “mini-warehouses” from which fresh groceries can be delivered quickly, without travelling far.



It recently rolled out its “Delivery Unlimited” membership in 1,500 stores. For 98 bucks/year you get unlimited same-day grocery delivery.



You order your weekly groceries on Walmart.com in the morning... and they arrive at your front door in the afternoon.

And Walmart is pushing the envelope even further. It’s testing a program where it delivers the groceries right into your fridge!
In short, you fit your door with a special lock. When you order online, Walmart creates a one-time code for your door.

The Walmart delivery guy then uses the code to unlock the door. He wears a camera on his chest so you can watch him place the food in your fridge.

The company is testing it in three markets right now, with plans to roll it out nationwide soon.
  • Walmart is turning the grocery market on its head...
As regular RiskHedge readers know, there are a few key signs we look for in a viable disruption.

The #1 thing is rapid growth. Walmart’s online sales have grown at an average clip of 40% for 12 quarters straight. My calculations show Walmart’s online sales should hit roughly $30 billion this year.

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