Walmart Partners With Fed Ex – CWEB.com
“We gravitated toward Walmart because they have this fantastic physical infrastructure,” FedEx Office CEO Brian Philips tells CNBC. “We are already great partners with Walmart on the transportation side, so it was natural for us to talk about a store-within-a-store format.”
Walmart (NYSE:WMT) based FedEx Office offers packing, shipping and printing services. Customers can also direct their packages to be held at any of these locations for up to five business days using FedEx delivery service.
CWEB Analyst’s have initiated a Buy Rating for Walmart (NYSE:WMT) and a Price Target of $160 within 12 months.
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