Walmart Launching Subscription Service for Less than $100 a Year

Retail giant Walmart (NYSE: WMT) is launching a subscription program later this month. The Walmart+ membership program will include fuel discounts, same-day shipping at no additional cost, and other perks, at an annual cost of $98.

Walmart's subscription-plan ambitions were reported by Recode on Tuesday and confirmed by Bloomberg's anonymous insider sources.

Rough sketches of this idea have been circulating since February and many details were nailed down months ago. The original plan called for a launch in March or April, but the COVID-19 pandemic made that move impossible. Walmart still hasn't circled on a firm date on the calendar for the rescheduled launch, but now we know that the introduction should come within a couple of weeks.

Source Fool.com