The subscription service, called Walmart+, will reportedly cost $98 per year The subscription service, called Walmart+, will reportedly cost $98 per year
Walmart stock finished Tuesday up 6.78% percent over reports the big box store is launching a cheaper Amazon Prime competitor. The stock finished at $126.95 per share in regular hours trading, the highest since May 18 and about $6 off its 52-week high set in April.
Recode reports that the subscription service will be called Walmart+ (Walmart Plus) and launch later in July and cost $98 annually. That’s $21 cheaper than Amazon Prime’s $119 yearly subscription. The Walmart+ subscription will include same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas stations, and early access to product deals, sources told Recode.
