Walmart Goes After Amazon with Third-party Fulfillment Service

Walmart (NYSE: WMT) has been investing heavily to build up its e-commerce operations in recent years, and now it's taking another big step to close the gap with Amazon.com (NASDAQ: AMZN).

On Tuesday, the retail giant announced the launch of Walmart Fulfillment Services (WFS), which works the same as Amazon's fulfillment program. This will allow sellers to take advantage of Walmart's "world-class supply chain capabilities" to handle all the leg work of storing and shipping items. 

Image source: Walmart.

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Source Fool.com