Walmart Strikes Back Vs. Amazon With Jet.com Same-Day Grocery Delivery Service

Walmart (WMT) stepped up in its fight against Amazon (AMZN) after its Jet.com unit announced same-day grocery deliveries in New York City.

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Jet.com is opening a fulfillment center in the Bronx to bring same-day and next-day delivery to the city in the fall. It is a highly competitive market. Target (TGT) already offers same-day delivery for in-store purchases for a fee, while Amazon Prime Now provides same-day food delivery.

The new center will stock Jet inventory, including groceries...

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