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Wal-Mart Buys NYC-based Last-Mile Delivery Service Parcel

October 3, 2017: 12:00 AM EST
Wal-Mart said it has acquired Parcel, a technology-enabled, last-mile delivery service company specializing in perishable and non-perishable products in New York City. Operating 24/7, Parcel relies on technology, a fleet of leased vehicles, and employee-based workforce to rapidly sort, load, and deliver products to customers. Wal-Mart said it plans to use Parcel to deliver packages to customers in New York City.
"Walmart Announces the Acquisition of Parcel, a Technology-Based, Same-Day and Last-Mile Delivery Company", Walmart, October 03, 2017, © Wal-Mart Stores, Inc.
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