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Retail

Wal-Mart trials Amazon Prime-style service

Contrary to what the WSJ originally reported, membership of the scheme will be open to all

Wal-Mart Stores, Inc. (NYSE:WMT) is looking to turn the tables on online rival Amazon.com, Inc (NASDAQ:AMZN) by trying out a two-day shipping subscription service.

It is just a trial service at the moment, but the world's biggest retailer is evidently trying to replicate the Amazon Prime service, the Wall Street Journal reported.

The scheme, known as ShippingPass, costs $49 a year, and for that subscribers will get free two-day shipping of goods ordered from Walmart online.

The regular delivery schedule for Walmart is a week or so.