Walmart is going after Amazon on one of its signature offerings — and undercutting the price.
The United States’ biggest retailer is introducing free two-day shipping with no membership fee. Amazon offers free two-day shipping through Prime, which costs $99 a year.
“In today’s world of e-commerce, two-day free shipping is table stakes. It no longer makes sense to charge for it,” Marc Lore, president and CEO of Walmart U.S. eCommerce, said in a statement.
Walmart’s two-day shipping will require a minimum purchase of $35, down from $50. Without Prime, Amazon customers have to same spend $49 for free shipping that takes longer than two days. Read more…