Walmart tests two-day shipping service

Walmart (NYSE:WMT) is taking on Amazon Prime with a new subscription service that promises two-day delivery.

The retailer is making changes to its current ShippingPass three-day service, speeding delivery to two-day for a $49 annual fee. To deliver, Walmart will rely on regional shippers to keep costs down, according to reports.

Unlike Prime, which includes a range of services from video streaming to book lending, Walmart's program is just about shopping.

The program is still in the pilot phase and is available to shoppers on an invitation-only basis.

For more:
- see this TechCrunch story
- see this Wall Street Journal story (tiered subscription)

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