Can Walmart Become a Player in Last Mile Shipping?
08.25.2021 - By The 7investing Podcast
Walmart had a somewhat surprising reveal Tuesday when it said it was entering the crowded last-mile shipping market not just for its own items but for other retailers. The new service, GoLocal, will be white label meaning that it won’t carry the Walmart branding. The company was not specific about its plans but it did say it planned to use emerging technologies including drones and driverless vehicles. Will this actually happen? Anirban Mahanti takes over the hosting chair so Dan Kline can weigh in on whether this has any chance to work.
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