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Walmart unveils subscription programme to challenge Amazon

WALMART said Tuesday (1) it will soon launch a long-discussed membership programme to provide free delivery and compete directly with Amazon's popular "prime" service.

The world's biggest retailer will offer Walmart+ starting September 15, charging $98 annually or $12.95 a month to provide free delivery as soon as the same day along with discounts on fuel and other features.


"Life feels more complicated than ever. Walmart+ is designed to make it easier -- giving customers an option not to have to sacrifice on cost or convenience," said Janey Whiteside, chief customer officer at Walmart.

Walmart+ replaces the retail giant's "delivery unlimited" subscription service that offered home delivery of more than 160,000 items.

The new Walmart venture will also provide discounts of up to five cents a gallon at Walmart gasoline stations and a "scan and go" feature that lets consumers pay for items by scanning them with a smartphone application.

The latter feature offers a "quick, easy, touch-free payment experience," Walmart said on its website.

Both Amazon and Walmart have enjoyed strong results during the coronavirus pandemic as consumers have increasingly relied on e-commerce to order groceries and other staples that are either delivered or retrieved at curbside pickup.

In Walmart's case, the world's biggest retailer also benefited from its status as an "essential" store that was permitted to stay open during spring lockdowns at the same time that other stores were forced by authorities to close.

Last month, Walmart reported higher quarterly earnings, due partly to a 97 per cent surge in the US e-commerce sales.

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Experts also suggest "leapfrogging" between streaming services rather than maintaining multiple subscriptions simultaneously

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Britons could save £400 a year by cancelling unused subscriptions, research reveals

Highlights

  • 19 per cent of subscribers do not utilise every platform they pay for, with unused Netflix and gym apps draining bank accounts.
  • 31 per cent of Britons plan to review and cancel unused services following Christmas spending squeeze.
  • New consumer protections coming later this year will require companies to remind customers about active subscriptions.

British households could save up to £400 a year by cancelling forgotten subscription services, with families spending as much as £1,200 annually on unused streaming platforms, fitness apps and delivery memberships, according to new research.

A Nationwide survey has revealed that millions are paying for "zombie" subscriptions—neglected exercise apps or unwatched Netflix accounts—with recurring charges quietly draining money from bank accounts each month.

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