FedEx team up with Walgreens
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FedEx team up with Walgreens

The amount of planning, sorting, logistics and couriering that goes into a package being delivered from one individual or company to another is monumental, with the world’s biggest firms having hubs, sorting centres and depots dotted everywhere. Well, picking up a package might be a little bit easier for some FedEx customers in the near future, thanks to a new deal the company has agreed.

It can be extremely frustrating to miss a delivery because you were not home, or were simply unable to get to the door to sign for it. So, FedEx have agreed a new deal to try and give their customers and clients more options on how they would like their packages to be delivered.

The American delivery firm announced late last week that they had agreed a ‘multi year deal’ with Walgreens Boots Alliance. This deal will add almost 8,000 Walgreens stores to FedEx’s points of service delivery when they roll out the ‘small-scale’ in spring this year.

FedEx have revealed that the aim for the end of 2018 is that customers will be able to go into any Walgreens store and both drop-off and pick-up pre-packaged and pre-labelled packages.

Raj Subramaniam, chief marketing and communications director at FedEx, said in a press release: “Walgreens, with its strong focus on customer care, is the perfect retailer to help us continue to meet the growing demand for convenient, secure dropoff and pickup options, and our research has shown that customers rank pharmacies as a preferred location for accessing their e-commerce shipments.”

Phil Wahba, reporting on the new deal in Fortune, said: ‘One key benefit of such services is that shippers can leave a package when someone isn't home to accept it, thereby lowering the number of failed delivery attempts, which are costly to the likes of FedEx and UPS and create backlogs. And in the case of Walgreens, the ubiquity of its stores was a selling point for FedEx.’

You may well be aware that FedEx is not the only delivery and shipping company that are looking at alternative, convenient ways to get packages to their customers. Amazon have self-service lockers in many shopping centres and retail outlets to let people drop off and pick up there. 

Disclosure
Dominion holds FedEx in its Global Trends Managed Fund. 



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