UPS, FedEx could be hit hard by Wal-Mart's click-and-collect discount plan, analyst says - Marketwatch
United Parcel Service Inc. and FedEx Corp. could be facing significant risk to their business after Wal-Mart Stores Inc.said it would offer discounts to some online orders if customers choose in-store pickup rather than home delivery. Analyst Ravi Shanker at Morgan Stanley said Wal-Mart's move marks "a seminal event" in the evolution of last-mile parcel delivery for e-commerce.
United Parcel Service Inc. and FedEx Corp. could be facing significant risk to their business after Wal-Mart Stores Inc.said it would offer discounts to some online orders if customers choose in-store pickup rather than home delivery. Analyst Ravi Shanker at Morgan Stanley said Wal-Mart's move marks "a seminal event" in the evolution of last-mile parcel delivery for e-commerce.