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Cognetry Labs Taps Walmart GoLocal to Empower Mid-Sized and Independent Grocers with Last Mile Delivery Logistics
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Walmart GoLocal and Cognetry Labs have partnered to provide a turnkey ecommerce and delivery solution for mid-sized and independent grocery retailers. This collaboration leverages Walmart's extensive delivery network, allowing retailers to enhance their online shopping and delivery services quickly. With this integration, retailers can retain their brand identity while utilizing Walmart's logistics capabilities, enabling efficient and affordable grocery delivery. The initiative aims to empower smaller retailers and improve customer access to products.
Positive
Partnership enhances delivery capabilities for mid-sized and independent retailers.
Walmart's extensive delivery network allows quick ramp-up of services for clients.
Enables retailers to maintain brand identity while improving customer reach.
Negative
None.
EL DORADO HILLS, Calif. & BENTONVILLE, Ark.--(BUSINESS WIRE)--
Consumer demand continues to increase for last mile delivery services. In response Walmart GoLocal and Cognetry Labs are announcing today they’re teaming up to provide an integrated white label, turnkey ecommerce plus delivery solution to mid-sized and independent grocery retailers. Accessing Walmart GoLocal’s network of delivery capabilities allows Cognetry Labs retail clients to grow their own brand and build customer relationships while benefitting from the robust capacity and experience of the world’s largest retailer.
“As an independent grocer, the need to offer our customers convenient access to online shopping and local delivery has never been more prevalent,” said Cognetry client Ediberto Hernandez, Owner Ideal Food Basket, Dania Beach Florida. “By enabling delivery with Walmart GoLocal through our Cognetry Labs platform, we’ve been able to ramp grocery delivery in a matter of weeks, providing our customers with reliable delivery at an affordable price.”
Walmart GoLocal puts the last mile logistics power of the world’s largest retailer in the hands of businesses, large and small. Clients can access nationwide, high-capacity coverage to deliver products quickly and efficiently. Walmart GoLocal’s built-in agility allows retailers to expand both coverage and capacity on demand.
“Walmart GoLocal and Cognetry Labs have a shared priority of supporting mid-sized and independent businesses and providing efficient, reliable delivery to families in communities across the country,” said Harsit Patel, General Manager of Walmart GoLocal. “This is one way we deliver on Walmart GoLocal’s brand promise to bring affordable access to products and services to customers while also empowering businesses to grow using our capabilities and coverage. The fully integrated solution with Cognetry Labs plus Walmart GoLocal drives value to our customers and addresses real needs of mid-market retailers.”
Cognetry Labs addresses the full spectrum of ecommerce and fulfillment with an end-to-end AI driven cloud-native solution that drives price productivity, optimizes fulfillment, and improves delivery drop density for grocery retail using the latest advances in automation. The white labeled solution allows grocery retailers to build their own brand while retaining control of customer touchpoints and merchandising. Cognetry Labs clients include Ideal Food Basket, Shipyard Brewing Co. and more.
“The partnership with Walmart GoLocal, and the integration of our two platforms, levels the playing field for mid-sized and regional retail chains to compete for customers buying online,” said Cognetry Labs Inc. VP Sales & Customer Success Ryan Maurer. “Cognetry Labs lets retailers know that with the right technology partner, you can get online quickly and grow profitably. Cognetry Labs plus Walmart GoLocal last mile delivery, enables retailers nationwide a turnkey competitive response in owning their ecommerce and delivery solution.”
Walmart GoLocal launched in August, offering businesses of all sizes the ability to leverage its delivery infrastructure, world class operations and economies of scale to reach tens of millions of households. Clients include The Home Depot, Sam’s Club, Chico’s FAS and more. New merchant partners can apply at walmart.com/GoLocal.
About Cognetry Labs
Cognetry Labs provides an AI-driven, end-to-end, white-labelled, and turnkey ecommerce solution to retailers looking to get online quickly and grow profitably. Cognetry Labs Retail AI Management Platform, offers a personalized experience for shoppers, efficient fulfillment at the store or warehouse, automated merchandising and curbside pickup and delivery. Additional information about Cognetry Labs can be found by visiting Cognetrylabs.ai and linkedin.com/company/cognetrylabs
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. With fiscal year 2021 revenue of $559 billion, Walmart employs 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
What is the new service announced by Walmart GoLocal and Cognetry Labs?
Walmart GoLocal and Cognetry Labs are offering a turnkey ecommerce and delivery solution for mid-sized and independent grocery retailers.
How does Walmart GoLocal support grocery retailers?
Walmart GoLocal provides access to its extensive delivery network, allowing retailers to enhance their online shopping and local delivery services.
What benefits does the partnership provide for independent grocers?
The partnership enables independent grocers to maintain their brand identity while leveraging Walmart's logistics for efficient and affordable delivery services.
When was Walmart GoLocal launched?
Walmart GoLocal was launched in August, providing delivery infrastructure to businesses of all sizes.
Who can benefit from the Walmart GoLocal and Cognetry Labs partnership?
Mid-sized and independent grocery retailers can benefit from this partnership by improving their ecommerce capabilities and delivery efficiency.
