Even Walmart needs a side hustle. Here are 4 other ways the store chain makes its money – besides selling merchandise.
Walmart Luminate is a data monetization platform in which suppliers can access information on shopper behavior, customer perception and more.Walmart Luminate allows suppliers to access information on shopper behavior, customer perception, and more. Though Walmart doesn't often publicly disclose numbers on this product offering, it said that it grew by 75% quarter-over-quarter in the second quarter of last year.
"What we're doing is groundbreaking — not just for Walmart but for the industry in itself," Mark Hardy, Walmart's head of data ventures, ."We're building the right ecosystem that drives the right insights in a very agile manner, but then allows us to quickly apply those insights to then become more relevant to the customers."David J. Phillip/AP Images
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart Is Selling Kids' Sandals That Look Just Like Reef for Only $10Five stars and $10? We've found a great sandal for your little one this summer.
Read more »
Opinion | Every second on the yacht I wished I were in a Walmart parking lotIf someone with the power Clarence Thomas wields were not meant to accept such burdens, surely the Supreme Court would have adopted a formal ethics code.
Read more »
Two youths stabbed and wounded at Fairfax County WalmartPolice said one of the victims had life threatening injuries, and described the incident as 'not a random act.'
Read more »
WSJ News Exclusive | Walmart Sues Credit-Card Partner Capital OneWalmart is suing Capital One, seeking to terminate the companies’ credit-card partnership early
Read more »
Walmart US CEO says automation at stores won't displace workersWalmart's US CEO tells workers not to worry about their jobs despite announcing a major push into store automation
Read more »