As COVID-19 continues driving retail pickup and delivery gains, Walmart (NYSE: WMT) just announced its latest initiative to make grocery delivery more convenient and painless for customers. According to today’s press release, Walmart is partnering with HomeValet, which will provide the internet-of-things-connected “smart box” at the service’s core.
The new program will be tested in spring 2021 in Bentonville, Arkansas, where Walmart was founded and the location of its headquarters. Customers using the smart box can order delivery in advance. When the Walmart delivery personnel arrive, they will use an electronic device to access the box and put the groceries inside. At other times, the box remains securely locked.