The retail giant hopes to boost customer loyalty and improve shopping experince with its Amazon Prime-like subscription service.
Touted as a cometing service to Amazon's highly success Prime program, Walmart on Tuesday announced plans to make its Walmart Plus subscription service avaiable to all U.S customers starting Sept. 15.
As part of a $98 a year or $12.95 a month subscription, memebrs will have access to free deliveries on over 160,000 store items inclduing toys and groceries. Csutomers will be required to spend at least $35 toqualify for free delivery.
The company plans to transition its already existing "Delivery Unlimited," service into Walmart Plus as part of the overall launch. Members of Delivery Unlimited will automatically become Walmart Plus members.
The Bentonville, Arkansas-based retailer has also, over the past ten yeas made significant investments in services like curbside pickup and next-day and two-day delivery.
Plus memebrs can use the Walmart app to scan and pay for items while they shop without having to wait in line.
Plus members will also save 5 cents a gallon at all 2,000 Walmart, Murphy USA and Murphy Express fuel stations.
The retail giant is also currently in talks with Microsoft to buy the U.S assets of social media company TikTok in an efforst to boost its advertising business.