Published: Wed, October 11, 2017
Markets | By Noel Gibbs

Walmart's Latest Shot at Amazon Is Super-Fast Online Returns

Walmart's Latest Shot at Amazon Is Super-Fast Online Returns

News stories about Wal-Mart Stores (NYSE:WMT) have trended somewhat positive on Tuesday, AlphaOne reports.

Wal-Mart Stores Inc.is introducing a simplified return process in early November for items sold and shipped by Walmart.com, to be followed by a simplified process for store purchases early next year.

While Amazon still can't match Walmart's massive physical infrastructure, it's made some headway towards catching up by allowing online returns in each of its almost 500 newly acquired Whole Foods stores and inking a deal with Kohl's to allow them at certain Los Angeles and Chicago locations.

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Still, the Sunday Times , citing Tories it didn't identify, said half her cabinet want her to stand down in the next two years. London wants to begin talks on the future, including a possible EU-UK trade deal, as soon as possible.


Wal-Mart Stores Inc. announced new changes to its return policy just in time for the winter holidays. They then drop the items off with an associate at the store's express lane or customer service desk.

That's the thinking behind Walmart's latest service, Mobile Express Returns, which allows for easier in-store returns, allowing shoppers to recoup their funds quicker.

The whole process will only take around 35 seconds or less, according to Walmart.

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Some customers who buy disposable products, like soap or the incorrect shade of lipstick, will be encouraged to use the app to obtain a refund, then throw the product away. But the discount retailer is on a mission to slash that to 30 seconds, said Daniel Eckert, senior vice president of Wal-Mart Services and Digital Acceleration. Here too, shoppers scan the item with their phone and instantly receive a refund. Walmart it also planning to add to the service in 2018 items bought in stores.

The company also plans to add 1,000 online grocery locations in Walmart United States, and expects to leverage the higher expenses. Retail giant Walmart wants to remove that headache from your list and has created an app and a system to make the experience more seamless and more importantly, easier and faster. They have included tests with smart-lock maker August to bring groceries and other items into your home; using Uber to deliver groceries; and getting in-store staff to make deliveries.

In the USA, the company said it would open less than 15 Supercenters and fewer than 10 Neighborhood Markets in 2019. Wall Street analysts, on average, are forecasting the company's EPS to be 0.97, compared to 0.98 reported in the same quarter a year ago.

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Pogba's midfield teammate Nemanja Matic , meanwhile, added: "We know that he will be out for some time". I don't think the state of the pitch played any part.


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