Walmart Wants Online Shoppers to Pay More For Faster Delivery

Same-day grocery delivery is hard to come by these days, as Walmart (NYSE: WMT) and Amazon (NASDAQ: AMZN) have seen a surge in demand for their speedy fulfillment options. Now you're lucky if you can get a delivery time slot within a week of ordering, if you can get one at all.

Amazon made the decision to put new customers looking to order through its Prime Now delivery service on a wait list while it increases capacity. Walmart, meanwhile, just launched a new service called Express Delivery. Express Delivery has been in the works for some time, but it could be particularly useful for customers who absolutely need their items today. For a $10 fee on top of regular delivery fees, Walmart will guarantee delivery within 2 hours of ordering.

Express Delivery will roll out to thousands of Walmart stores over the coming weeks, but it's an all-around poor response from Walmart to both Amazon Prime Now and the current economic environment.

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Source Fool.com