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Photo: Diego Herculano/NurPhoto via Getty Images

Walmart "is rolling out a next-day delivery service to counter Amazon’s recent move to speed shipment times for top customers to just one day from two," writes Bloomberg's Matthew Boyle:

Why it matters: "The company wants to convince more of its in-store shoppers to buy online, because when they do they spend more than twice as much with the retailer."

Details:

  • "The offer, which Walmart had hinted was in the works and will be applied to as many as 220,000 items, will extend [from Phoenix and Las Vegas at launch] to Southern California in the coming days and will reach about three-quarters of the U.S. by the end of the year."
  • "Unlike Amazon, which will spend $800 million this quarter to reduce delivery times, Walmart said its shift will actually cost the company less, since the items will typically come in just one box from a single warehouse that’s closest to the customer."

Bricks and mortar ... "Over the past two years, major U.S. retailers … have spent billions of dollars to overhaul existing programs or launch new loyalty schemes" to fend off the allure of Amazon, per Reuters.

  • Nordstrom's "Nordy Club" members "can save items in an app that will send push notifications to remind them of their wish list once they get close enough to a store."

Go deeper: Amazon's delivery army

Go deeper

Ina Fried, author of Login
52 mins ago - Technology

Google's parent shuts down effort to deliver internet via balloons

Image: Loon

Alphabet is shutting down Loon, one of its "moonshots," which aimed to deliver internet service via high-altitude balloons.

Why it matters: The effort was one of several approaches designed to get high-speed connectivity to some of the world's most remote spots and proved useful in the aftermath of disasters that shut down traditional infrastructure.

Dave Lawler, author of World
1 hour ago - World

What has and hasn't changed as Biden takes over U.S. foreign policy

Photo Illustration: Brendan Lynch/Axios. Photo: Chip Somodevilla/Getty Images

President Biden swiftly recommitted the U.S. to the Paris climate pact and the World Health Organization, but America's broader foreign policy is in a state of flux between the Trump and Biden eras.

Driving the news: One of the most striking moves from the Biden administration thus far was a show of continuity — concurring with the Trump administration's last-minute determination that China had committed "genocide" against Uyghur Muslims.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Health: New coronavirus cases down, but more bad news ahead — Fighting COVID-19's effects on gender equality.
  2. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  3. Vaccine: NYC postpones vaccine appointments following shipment delays — Private companies step in to fill vaccine logistics vacuum.
  4. World: Biden will order U.S. to rejoin World Health OrganizationBiden to bring U.S. into global COVAX initiative for equitable vaccine access.