Amazon Plans Major Expansion Of Same-Day Delivery Network To Challenge Walmart

(RTTNews) - Amazon.com Inc. (AMZN) is planning a major expansion of its same-day delivery network in the U.S., with an internal initiative known as Project Mercury targeting more than 1,000 same-day fulfilment centres by 2031, up from about 85 currently. The plan could cost billions of dollars as Amazon seeks to bring everyday products such as groceries, household supplies and medicines closer to customers. Under the proposal, Amazon would place its smaller Same Day Fulfilment Centres within a 10-mile radius of 80 percent of U.S. Prime subscribers. The facilities would stock around 90,000 of Amazon's most popular products and are designed to address Walmart's advantage of having thousands of stores located close to consumers.