Walmart to Test Its Own Drone Delivery Service

Just weeks after Amazon (NASDAQ: AMZN) received approval from the Federal Aviation Administration to operate a fleet of Prime Air delivery drones, Walmart (NYSE: WMT) announced it was testing its own drone delivery service. Partnering with Flytrex, an autonomous, regulatory-approved drone delivery company, the retail giant said it would begin piloting a service to deliver select grocery and household essentials from Walmart stores in Fayetteville, North Carolina. Walmart has long been a technology innovator, from becoming an early adopter of RFID tags and using universal barcodes as a labeling system to popularizing the concept of vendor-managed inventory and using a global satellite system to forecast supplier demands through real-time sales data at the cash register. Read More...