Walmart plans to open 500 in-store FedEx locations

21 March 2018 (Last Updated March 21st, 2018 14:49)

Walmart has signed an agreement to place 500 new FedEx Office locations within select domestic Walmart stores in the US in the next 24 months.

Walmart has signed an agreement to place 500 new FedEx Office locations within select domestic Walmart stores in the US in the next 24 months.

The move is another way in which Walmart tries to compete with online retailer Amazon.

The announcement comes after completion of a successful pilot programme involving 47 Walmart stores across six states.

Walmart-based FedEx locations offer customers convenient access to packing, shipping and printing solutions near where they shop, work and live.

Using FedEx delivery service, customers can direct their packages to be held at any Walmart-based FedEx Office location for up to five business days, either directly or by using FedEx delivery manager.

FedEx Office CEO Brian Philips said: “This strategic initiative between FedEx Office and Walmart builds on a shared goal of providing customers convenience and value, so they can save both time and money.

“This strategic initiative between FedEx Office and Walmart builds on a shared goal of providing customers convenience and value, so they can save both time and money.”

“The growth of our store network to 500 new locations brings our brand even closer to busy consumers who have told us they are seeking secure, reliable options for packing, shipping and receiving packages.”

Walmart services and digital acceleration senior vice-president Daniel Eckert said: “Our busy customers view our stores as a one-stop-shop for all the products and services they are looking for.

“We know shipping and printing is one such service they want to access in our stores, so we’re thrilled to expand our relationship with FedEx so that even more of our busy customers can take advantage of their pick up, drop off and printing services.”

This move is the latest in a series of collaboration that Walmart has reached with a number of companies to boost its online and delivery operations.

Recently, Walmart partnered with installation and assembly service provider Handy to help its customers with easy installation of furniture and television at their homes. The service is already being provided in 25 stores in Atlanta and is being expanded to 2,000 stores out of the 5,000 outlets in the US.

Walmart also announced a partnership with Uber to deliver groceries in 100 cities nationwide.