Walmart Inc. (NASDAQ:WMT) is ramping up efforts to close the gap with Amazon.com Inc. (NASDAQ:AMZN) by speeding up deliveries, expanding its marketplace, and leaning on strong consumer demand trends.

Walmart Steps Up Competition With Amazon

Walmart is testing a new approach that uses store back rooms to hold products from third-party sellers, aiming to enable faster delivery, including same-day delivery.

The company has launched these trials in select Dallas stores, building on its existing model, in which stores act as local fulfillment hubs and already deliver more than a third of online orders within 3 hours.

By moving marketplace inventory closer to customers, Walmart is working to cut delivery times compared with shipments from external warehouses or sellers, the Financial Times reported on Sunday.

Marketplace Expansion Targets ...