1. News
January 13, 2021

Walmart, HomeValet pilot smart box technology for grocery delivery

Multinational retail corporation Walmart has partnered with HomeValet to pilot the latter’s temperature-controlled smart box for grocery delivery.

Multinational retail corporation Walmart has partnered with HomeValet to pilot the latter’s temperature-controlled smart box for grocery delivery.

Free Report
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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

As part of this trial in Bentonville, Arkansas, participating customers will receive deliveries from their local Walmart directly into the smart box.

Powered by an internet of things (IoT) platform, HomeValet’s smart box has three temperature-controlled zones to store frozen, refrigerated and pantry items.

The box will be placed outside customers’ homes.

Walmart US customer product SVP Tom Ward said: “The prospect of this technology is intriguing, both for customers and for Walmart ’s last-mile delivery efforts. For customers, they don’t need to plan their day around when their grocery delivery will be made.

“For Walmart , it presents an opportunity to deliver items 24 hours a day, seven days a week. While we don’t have plans to do 24/7 delivery today, it certainly has a nice ring to it.”

The smart box communicates with the delivery provider’s device providing them secure access to complete the delivery. It also enables contactless deliveries.

The trial for the smart box is one of many solutions Walmart is testing to make their days more manageable amid the increasing demand for online deliveries.

Ward added: “Our pilot with HomeValet is one of many solutions we’re testing that can make their days more manageable. After all, delivery should fit within their lifestyle, not the other way around.”

In November, Walmart partnered with General Motors subsidiary Cruise to pilot self-driving delivery in Scottsdale, Arizona, US.

Additionally, it partnered with drone delivery service provider Zipline in September to trial a new service in the US.

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.