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Walmart launches in-home delivery in three cities

Walmart Inc. said Tuesday that it has launched Inhome Delivery in Kansas City, in both Missouri and Kansas, Pittsburgh and Vero Beach, Fla. The retail giant announced plans for the fall launch in June. Customers in these cities should go to the Inhome site to see if their address is eligible, choose whether they’d like the deliveries in their kitchen or garage refrigerator, and pay an introductory price of $19.95 for unlimited deliveries. The first month is free. Baskets must reach a minimum of $30. Customers are also required to purchase a $49.95 smart device, which is installed at no extra charge. Associates will use smart-entry technology and a wearable camera to gain access for delivery. Walmart stock is up 28% for the year to date while the Dow Jones Industrial Average is up 18.3% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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