Feldman also expects Wal-Mart’s plan to take on Amazon.comwith same-day delivery will bear fruit. “Wal-Mart has 4,000 points of distribution in the U.S.,” he said. “Why not try to leverage that better?”
While Wal-Mart is only testing the new service in four markets, Feldman said this ultimately will be “a value and volume” play for the retailer, and the incremental sales will offset the additional costs.
He did concede, however, that shipping from a store is more costly than shipping items directly from a warehouse.
—By CNBC.com’s Justin Menza
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Neither Feldman nor Telsey Advisory had conflicts to report.