Home Depot Joins Walmart GoLocal Delivery-as-a-Service
The Home Depot is the first US retailer to board Walmart GoLocal, the Delivery-as-a-Service (DaaS) offering announced in August.
Customers will benefit from same-day or next-day delivery when the service rolls out in the coming weeks, bringing The Home Depot “closer to our goal of offering same-day or next-day delivery to 90 percent of the US population,” said the retailer’s SVP Supply Chain, Stephanie Smith.
The partnership will support The Home Depot’s flourishing e-commerce business. Sales on digital platforms soared soared 86% in its 2020 financial year, driving record sales of $132bn. More than half of those orders were fulfilled through stores.
“The Home Depot is continuously working to give customers the most convenient shopping experience in home improvement, and that includes providing a wide range of fast and reliable delivery options,” Smith added.
Under the new agreement, Walmart will handle products ‘that easily fit in a car’, such as tools, paint and nails. Initially the service will roll out in select markets, with plans to expand further across the US by the end of the year.
“We’re honoured to work with The Home Depot in our shared goal of making fast and reliable local delivery available in every community we serve, including rural and suburban areas, where we both have a strong retail presence,” said John Furner, president and CEO, Walmart U.S. “We’re excited to welcome The Home Depot as Walmart GoLocal’s first retail client and look forward to helping power their local delivery efforts.”
What is Walmart GoLocal?
Walmart first announced GoLocal in late August, billing the service as a white label delivery network open to businesses of all sizes. It is an entirely new vertical for the US bricks and mortar chain, leveraging the last-mile capacity and expertise it has developed to support growing e-commerce demand across its own stores.
“We’ve worked hard to develop a reliable last mile delivery program for our customers,” said Tom Ward, senior vice president, last mile, Walmart U.S. “Now, we’re pleased to be able to use these capabilities to serve another set of customers, local merchants.”
The new service joins initiatives including Walmart Connect and Walmart Fulfillment Services as the retailer seeks to diversify and tap into new revenue streams.