Walmart on Monday announced a revamp of its website and app as it competes with e-commerce giant Amazon for online customers.
"The new homepage offers a product-focused experience that better mirrors the way our customers love to shop, highlighting the items that matter most to them at any given moment – whether it’s game day or holiday," the company said in a news release.
The site features bigger, glossier photos, live video, and a "social-inspired scroll so customers can browse our selection just as they’d scroll their favorite social media apps."
In addition, Walmart touted improvements to the website's home for third-party sellers. "It also provides our suppliers and Marketplace sellers new opportunities to showcase more relevant products and better tell their stories," the company said.
The overhaul come as Walmart braces for a drop in sales, and as it tries to boost sales of general merchandise, which have fallen as customers prioritize essential items such as groceries.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.