New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Walmart to Open Jet.com Facility in the Bronx
Although Walmart has yet to open a store under its own name in New York City, it’s about to establish a bigger presence here via a fulfillment center in The Bronx. The facility will open this fall for jet.com, the e-commerce company Walmart bought two years ago.
The facility will bring same-day and next-day delivery of jet.com merchandise to the city. New York will therefore be among Walmart’s first markets to offer same-day delivery.
Jet will use delivery service Parcel, which it acquired last fall. The Bronx facility initially will stock only Jet merchandise ranging from groceries to smartphones; however, a company spokeswoman didn’t rule out the possibility of Walmart merchandise being stocked there as well.
Walmart has been investing heavily in e-commerce, and is aiming for a 40% increase in online sales this fiscal year.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development

