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Wal-Mart (WMT) Stock Higher, to Expand Online Grocery Pickup

NEW YORK (TheStreet) -- Shares of Wal-Mart Stores (WMT - Get Report) are up by 0.49% to $69.14 on Wednesday morning, as the company is expanding free curbside grocery pickup to eight more cities this month, including Kansas City and Austin, Reuters reports.

The Bentonville, AR-based retail giant will add stores in markets where it already has a presence, increase the numbers of stores with the service by a third to about 200 and expand its footprint to 30 cities, COO of Wal-Mart's e-commerce operations Michael Bender told Reuters.

The company is also preparing to expand beyond this, which could indicate that the retailer could roll out the service to a...