Walmart Is Revolutionizing the Shopping Experience through Customer Innovation
Walmart Inc. helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices, that’s how they continue to be a leader in sustainability, corporate philanthropy, and employment opportunity.
FOR IMMEDIATE RELEASE
Bentonville, AR, January 20, 2022 — From their humble beginnings as a small discount retailer in Rogers, Arkansas, to being the well-named giant they’re today: Walmart has opened thousands of stores in the U.S. and expanded internationally, helping thousands of people around the world to save money and live better.
Through innovation, they’ve created a seamless experience to let customers shop anytime and anywhere online and in stores: which is around 275 million customer visits in their more than 11,300 stores, under 58 banners in 27 countries, and eCommerce websites. That way, they’ve been promoting worldwide opportunities and bringing value to customers and communities around the globe. They’ve employed 2.2 million associates around the world and nearly 1.6 million in the U.S. alone, converting them into leaders of corporate philanthropy and employment opportunity.
But probably the best asset to a job at Walmart is that it means an opportunity to build a career since more than 75% of their Walmart U.S. store-operations management team members started as hourly employees. Not to mention that during 2020, they hired more than 500,000 new associates globally who were displaced from jobs due to the impacts of the pandemic.
Walmart helps people save money and live better by bringing value and convenience to millions of customers in 23 countries outside the U.S. They currently operate three primary store formats in the U.S., each custom-tailored to its neighborhood. With a uniquely global perspective that makes it possible for them to see connections that others cannot, they are able to bring innovations to the market that make life easier for customers.
Now, that extraordinary perspective is leading them to create Walmart Money, their own cryptocurrency and collection of non-fungible tokens, that will meet the needs of thousands of customers in the emerging metaverse. That is because as we saw on the metaverse presentation, they will sell virtual goods such as electronics, decor, toys, sporting goods, and personal-care products.
As CNBC reported, its applications represent a significant step for the retail giant as it studies how to participate in the metaverse, a virtual world that blends aspects of digital technologies. And as the company responded in an e-mail statement: “Walmart is continuously exploring how emerging technologies may shape future shopping experiences”.
In early December, the Chief Financial Officer of Walmart, Brett Biggs, said during a conference that the company was open to allowing shoppers to pay in cryptocurrency if customers demand it, but the company didn’t see a need to rush out any capabilities.
For more information on this and other Walmart News, visit https://www.walmart.com and find out more on why they’ve been changing the face of retail since their first store opened in 1962. Save money and live better at Walmart!
Name: Doug McMilon
Address: 702 S.W. Eighth St, Bentonville, AR 72716