$WMT Hiring 3,000 Drivers

CHARTS:

https://twitter.com/peregreine/status/1478903785686802439

STORY:

https://www.reuters.com/business/walmart-hire-over-3000-us-d…

CHICAGO, Jan 4 (Reuters) - Walmart Inc (WMT.N) said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its “in-home” grocery delivery service, its latest investment in its last-mile fulfillment network.

The retailer, which said it has about 100 drivers at present, expects to be able to reach 30 million homes by the end of the year. It now services 6 million homes.

Bentonville, Arkansas-based Walmart in 2019 launched its InHome delivery service through which workers deliver groceries directly into shoppers’ homes, sometimes placing items straight into kitchens or garage refrigerators when people are not in the house.