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Oct. 6, 2021, 6:11 a.m. EDT

Home Depot teams up with Walmart GoLocal service for same-day and next-day delivery

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By Ciara Linnane

The Home Depot /zigman2/quotes/208081807/composite HD +0.0098% said Wednesday it is teaming up with Walmart GoLocal service /zigman2/quotes/207374728/composite WMT +1.51% to expand same-day and next-day delivery for its customers for a variety of products. The home improvement retailer will start to offer the service in select markets in the coming weeks and then expand to multiple markets across the U.S. by the end of the year. "Products that qualify for this scheduled delivery, including tools, fasteners, paint and other supplies that easily fit in a car, will have that option enabled at online checkout," the company said in a statement. The company is aiming to provide customers with same- or next-day delivery options no matter what the product, from a box of nails to appliances. Home Depot's online sales rose 86% in fiscal 2020 and more than half those orders were fulfilled through its network of 2,300 stores. Home Depot shares were down 0.9% premarket but have gained 24% in the year to date, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.17% has gained 12%.

/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 407.81
+0.04 +0.0098%
Volume: 5.24M
Dec. 3, 2021 4:00p
P/E Ratio
27.27
Dividend Yield
1.62%
Market Cap
$425.81 billion
Rev. per Employee
$261,708
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/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 137.51
+2.04 +1.51%
Volume: 14.71M
Dec. 3, 2021 4:00p
P/E Ratio
48.15
Dividend Yield
1.60%
Market Cap
$375.78 billion
Rev. per Employee
$243,109
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,580.08
-59.71 -0.17%
Volume: 444.85M
Dec. 3, 2021 5:35p
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