Walmart Proves to be a Strong Competitor Against E-Commerce giant Amazon

Walmart confirmed its profit forecasts for fiscal 2018 and projected a five percent growth in adjusted earnings per share in fiscal 2019

Walmart confirmed its profit forecasts for fiscal 2018 and projected a five percent growth in adjusted earnings per share in fiscal 2019

The Mobile Express Returns option only applies to purchases completed through Walmart's website and will be for select items. Chances are you're still there. By 2018, even items bought inside Walmart stores can be returned via this online process. People who purchase items online and then need to return them can do so by logging them on the Walmart app, generating a QR code for the transaction, and then walking into a physical Walmart store to return the items quickly. Customers bring unwanted items to any Walmart store and scan a barcode with their phone.

Refunds will be credited to customers' payment accounts as quickly as the next day.

As mentioned earlier by CNBC, the newly announced Mobile Express Returns service will arrive next month and will roll out to all of the company's 4,700 stores in the US.

While Amazon still can't match Walmart's massive physical infrastructure, it's made some headway towards catching up by allowing online returns in each of its almost 500 newly acquired Whole Foods stores and inking a deal with Kohl's to allow them at certain Los Angeles and Chicago locations.

The timing of the announcement also sparked some debate about whether or not Walmart had made the announcement to keep up with rival Amazon. One of the largest retailers in the United States, Walmart is grasping its substantial store footprint build inroads in opposition to its online competitors.

Apple is 'looking into' why some iPhone 8 batteries are swelling
Apple , at first, took its traditional approach of looking down its nose at the complaints and refused to say anything. Several media outlets have highlighted this issue in several countries where the new iPhone models have been exported.

In the meantime, the retailer will expedite returns even faster starting as early as December when it will dole out refunds as soon as returns are initiated through the app-even before the goods are physically back in stores.

"It's thinking about how we can create a more seamless shopping experience", he added. It will initially be available for household items like shampoo but will eventually expand to other items over time.

And bucking the trend in a retail industry where many rivals are paring their store fleets, Walmart said it plans to open a few more stores: it expect to open fewer than 15 SuperCenters in the USA next year, a small uptick to be sure, but additional physical facilities to support its roughly $15 billion a year e-commerce business.

The new system is meant to shave the average time it takes to process a return from about 5 minutes to 30 seconds.

Then go to a Walmart and find the Mobile Express Lane at the customer service desk.

Recommended News

  • 'Padmavati' trailer: Deepika, Shahid, Ranveer knock it out of the park

    'Padmavati' trailer: Deepika, Shahid, Ranveer knock it out of the park

    Hours before Ranveer Singh's look was to be unveiled, the poster was shared across social media a little after midnight on Monday. Coming back to Ranbir and Deepika, in a recent interview the Kapoor lad revealed that he is dying to watch Deepika's Padmavati .
    Edwin Encarnacion not ruled out for Cleveland Indians' next ALDS game

    Edwin Encarnacion not ruled out for Cleveland Indians' next ALDS game

    Ellsbury has batted.263 (5-19) in his career against Kluber, who went 2-0 with a 1.59 ERA in two starts against NY this season. With a 1-2 count and two outs in the sixth, Green's 95-mph pitch hit something before catcher Gary Sanchez snagged it.
    Netflix raising prices on streaming plans again

    Netflix raising prices on streaming plans again

    Premium subscriptions, which give subscribers four screens of simultaneous streaming, now cost $13.99, a $2 jump from $11.99. Netflix previously raised the price of its standard tier back in 2015 when it was bumped up to $9.99 per month from $8.99.
  • Odell Beckham fractures ankle on gruesome injury, could require surgery

    Orleans Darkwa scored on a 23-yard run and the Giants got a safety in scoring their first first-quarter points this season. Beckham went down on a pass that fell incomplete with about 4 minutes left in the game, the Giants up 22-20 at the time.
    Rafael Nadal Storms Into China Open Quarter-Final

    Rafael Nadal Storms Into China Open Quarter-Final

    Nadal broke Isner in the ninth game of the first set to take a 5-4 lead and then closed out the set easily. Grigor Dimitrov also reached the final four as he saw off Roberto Bautista Agut 7-6 (5), 4-6, 6-2.
    Limit for GST composition scheme hiked to Rs 1 crore

    Limit for GST composition scheme hiked to Rs 1 crore

    E-way bill, which allows for seamless movement of goods worth over Rs 50,000, is likely to be implemented from April 1, 2018. Job works like zari, imitation, food items and printing items would attract 5 per cent tax instead of 12 per cent.
  • Wisconsin vs. Nebraska College Football Picks: Will they hit the under?

    Wisconsin vs. Nebraska College Football Picks: Will they hit the under?

    The 21-point loss was their most lopsided since Iowa beat them by the same score in 2013 and only increases the pressure on Riley. Missouri has been an underdog by 20 points or more nine times since the 2000 game at Nebraska , according to oddsshark.com .
    Russian Agents Bought Google Ads During US Election

    Russian Agents Bought Google Ads During US Election

    The ads bought on Google were not from the same organization that purchased the 3,000 ads on Facebook , according to the report. But Google's investigation hasn't found the same type of targeted advertising that Russian agents conducted on Facebook .
    Bangladesh to move 800000 Rohingya into single camp

    Bangladesh to move 800000 Rohingya into single camp

    To add to it, Haque said that Bangladesh had given a written proposal to Myanmar on the repatriation of the immigrants. Lowcock said he believed a "a high-level" United Nations team would be able to visit the area "in the next few days".
  • Watch the Star Wars

    Watch the Star Wars

    Shortly thereafter came more specifics: that the trailer would air during Monday Night Football on ESPN . Right after the trailer's premiere, advance tickets will go on sale for The Last Jedi .
    Google Is Using Balloons to Restore Phone Service in Puerto Rico

    Google Is Using Balloons to Restore Phone Service in Puerto Rico

    Now around 10 percent of residents on the island have power. "You don't have to announce you've lit up coverage". It had partnered with a telecomm company and was testing balloons.
    Danish police find missing body parts of Swedish journalist Kim Wall

    Danish police find missing body parts of Swedish journalist Kim Wall

    Jensen said the divers on Friday found the clothes and body parts in bags weighed down with metal pieces. He has said that the journalist died in an accident when she hit her head on a hatch in the submarine.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.