04/05/2011 01:05 pm ET Updated Jun 05, 2011

Walmart Grocery Delivery: Mega-Retailer May Launch E-Grocery Service

Walmart may be launching an e-commerce site for fresh groceries to compete with companies like Peapod and Fresh Direct, though the plans are not yet final. Testing will start in the San Jose area.

Walmart already offers grocery delivery in Japan, Mexico and the United Kingdom.

After seven quarters of consecutive declining sales in U.S. stores open more than one year, Bloomberg reports, Walmart is focusing on online business. "Walmart needs to get more serious about e-commerce," said Wells Fargo analyst Matt Nemer.