Walmart's membership program set to launch in July

Jul 7, 2020
Download the article
Click here to print
Text size
aA+ aA-

Walmart Inc is close to launching its membership program, a direct competitor for online retail giant Amazon.com Inc’s Prime service, Recode reported on Tuesday, citing sources.

The company plans to launch the subscription service, called Walmart+, later this month and it will cost $98 a year, according to the report.

The membership program will include features like same-day delivery of groceries and other merchandise, discounts on fuel at the retailer’s gas stations, and early access to product deals, Recode said.

Walmart, whose shares rose nearly 4% after the news, declined to comment on the report.

© Thomson Reuters 2020 All rights reserved.