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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Retail

How Walmart will get you to order your groceries online

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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March 26, 2015, 10:39 AM ET
Wal-Mart Opens Its First Chicago Store
CHICAGO - SEPTEMBER 21: Wal-Mart employee Anna Hines walks through the parking lot of the soon-to-opened Wal-Mart September 21, 2006 in Chicago, Illinois. The controversial new Wal-Mart, Chicago's first, is set to open September 27, 2006 in the wake of a defeated Chicago wage law that would have set minimum "living wage" requirements for big box stores. (Photo by Tim Boyle/Getty Images)Photograph by Tim Boyle — Getty Images
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In a bid to get more customers to use its online grocery ordering service, Wal-Mart is offering a discount of $10 on shoppers’ first order of $50 or more at some stores.

As of now, the grocery store pickup service is in test phase, available only in San Jose, Calif., Phoenix, Huntsville, Ala., and Denver, Colo., plus in the company’s hometown of Bentonville, Ark., The City Wire reports.

This isn’t an online delivery system; instead, you order online then go pick up your order in the store. In Bentonville, the pickup location is a standalone grocery pickup store, separate from a regular Wal-Mart.

In its most recent earnings report, Wal-Mart posted $1.61 in earnings per share, beating analysts’ expectations of $1.53 per share. However, its $131.6 in revenue missed expectations of $132.2 billion.

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