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Feb 3, 2017

II - COURIERS & RETAILERS' WAR * USA: Wal-Mart to scrap its Amazon prime rival

* Arkansas - Wal-Mart abandoning effort to create a rival to Amazon.com Inc.'s membership program


--- The service, called ShippingPass, was introduced almost two years ago and offered free two-day shipping for customers that paid the $49 annual membership fee. Instead, Wal-Mart will offer free shipping on more items it sells online and lower the minimum purchase required for free shipping on all orders to $35, from $50... Wal-Mart declined to say how many people had signed up for ShippingPass, which was similar to Amazon's $99 Prime program... Under the change Tuesday, Wal-Mart plans to offer free two-day shipping on about 2 million products on Walmart.com. The site sells about 30 million items, mostly from third-party sellers... Wal-Mart has spent billions boosting e-commerce sales and speeding up deliveries of online orders. Last September, Wal-Mart bought Mr. Lore's company Jet.com Inc. for $3.3 billion, placing him at the head of e-commerce operations... Now Wal-Mart is able to ship millions of products to any house in the U.S. in two days, Wal-Mart's e-commerce chief Marc Lore said... 
 (Photo:)   --  Bentonville, ARK, USA - The Morning Star, by Sarah Nassauer - 31 JAN 2017

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