Wal-Mart Sharpens Amazon Attack With 2-Day Delivery Service

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NEW YORK (CBSMiami/AP) — Wal-Mart is upping the competition for Amazon.

The world's largest retailer is trimming its free-shipping pilot program from three days to two for members, and cutting a dollar off the membership price, which is now $49 per year.

Wal-Mart last year announced that it was testing the new service, its own version of Amazon Prime's two-day shipping.

Amazon membership costs $99 a year, but members get a lot of perks, including household product subscriptions, one and two hour Prime Now delivery, and streaming music and video.

Wal-Mart says that ShippingPass allows shoppers to get more than one million items, including the most commonly purchased goods at Walmart.com.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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