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Added on the 16/09/2016 07:58:24 - Copyright : Reuters - Next Media
If you're a last minute holiday shopper, Business Insider has news for you. Amazon, Target, and Walmart have launched last-minute delivery and pickup offerings. From extended hours and expanded return policies, the retailers are sharing lots of incentives to help boost consumer spending and the change in shopping habits due to the pandemic. Walmart and Target now have extended holiday pickup and delivery deadlines and Amazon extended its delivery window for holiday Prime orders. Walmart is enabling paid 2-hour delivery for orders made by 1pm on December 24, and free next-day delivery for orders made until December 21 at 2pm. Target extended their in-store pick up and curbside orders until 5pm December 24. They also added 150,000 Shipt workers to make same-day deliveries. Amazon Prime members can opt into one-day delivery for eligible orders made until December 23, and in some locations, customers can get same-day delivery until December 24 for orders of $35 or more.
Walmart has been one of the few companies to do well in the pandemic. Digital sales have nearly doubled from a year ago, and same-store sales have increased 9%. But according to Business Insider, even Walmart CEO Doug McMillon knows that with such widespread unemployment, its a streak of luck can't last forever. Business Insider reports McMillon said on CNBC's 'Squawk Box' on Thursday that Congress needs to pass a second stimulus package--and do it quickly. Since passing the $2.2 trillion CARES Act in March, Congress has done nothing meaningful towards passing a second stimulus package. There are Americans...that don't really care about politics, aren't really tied up in this election and they just need some help. Doug McMillon, Walmart CEO Interview, CNBC's 'Squawk Box'
Walmart has patented a design for a shopping cart that could measure your speed and heart rate.
Walmart - the largest U.S. retailer – announced it is rolling out its pick-up service for online grocery delivery in eight new markets. Shartia Brantley reports.
Amazon and Walmart are going to head-to-head in a shopping event studded with discounts. It comes at a time of slowing U.S. retail sales. Fred Katayama reports.
U.S. President Barack Obama attends an outdoor arrival ceremony in heavy rain, as the first sitting U.S. president to visit Laos. Rough Cut (no reporter narration).
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