New York

Walmart Plans to Open Same-Day Grocery Service in New York

Walmart is planning to move into New York -- but not with a shopping outlet.

The retail giant is planning to open a Bronx fulfillment center for its subsidiary Jet.com, The Wall Street Journal first reported Tuesday.

Jet.com is an e-commerce start-up based in Hoboken, New Jersey, which Walmart acquired roughly two years ago for $3.3 billion in cash and stock.

The online company sells everything from groceries to electronics, and will offer same-day delivery service to New York, according to reports. It competes with companies like Amazon-Whole Foods, Instacart and FreshDirect.

A spokeswoman for Jet said the warehouse opening will bring hundreds of jobs to the neighborhood.

Walmart said the center will not ship Walmart products initially, but have left open the possibility that this may happen in the future. 

The center is expected to open this fall.

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