Sunday, May 26

Tag: online retailer

Walmart Outshines Apple, Becomes No. 3 Online Retailer in the US
USA

Walmart Outshines Apple, Becomes No. 3 Online Retailer in the US

Walmart has reportedly became the No. 3 online retailer in the U.S. overtaking the technology giant Apple. Walmart has been recently making various efforts and it seems that the company got the reward. Amazon still leads by a wide margin, accounting for 48 percent of e-commerce sales in 2018. On the other hand, Walmart (including also Sam’s Club and Jet.com) is supposed to capture 4 percent of all online retail spending in the U.S. by year-end, totaling $20.91 billion. This move has come up following Walmart’s strong earnings which saw the retailer reporting a 43 percent increase in online sales. Also, the company’s year-end forecast for both earnings and sales increased to a great extent. Apart from this, Walmart beat Wall St.’s expectations in its fiscal third quarter, with $1.0...
Walmart Launches an AR Scanning Tool in its iPhone App
Tech

Walmart Launches an AR Scanning Tool in its iPhone App

The online retailer Walmart has announced the launch of a new AR scanning tool in its iPhone application. This feature will help customers with product comparisons. Also, Walmart’s AR scanner can be panned about across store shelves, offering details on pricing and customer ratings beneath the products it sees. This particular technology was initially developed by a team at an internal Walmart hackathon using Apple’s ARKit technology. At the time, their idea was to create a scanning experience that worked faster and felt faster when used by customers. “Walmart store shoppers love using our mobile app barcode scanner as a price checker. Our team sees the potential of this product as so much more, though,” stated Tim Sears, senior engineering manager at Walmart Labs. “When a customer la...