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Overview of Walmart Business Activities
- Retail and Wholesale Operations:
- Walmart engages in retail and wholesale business, selling merchandise and services at stores and online at low prices.
- Walmart Liquidation Auctions:
- Resellers can bid on excess inventory, store returns, and bulk lots from Walmart.
How does Walmart Liquidation Work?
- The merchandise on Walmart Liquidation Auctions is Walmart.com customer returns, unless stated otherwise.
- Walmart employs an inventory management system that allows suppliers to access data on the inventory levels of their products.
Financial Impact of Returns at Walmart
- Reselling returns earned Walmart $3 billion in revenue in 2019.
- Donations provided the equivalent of 608 million meals in 2021 with Walmart’s food waste reduction programs.
- Recycling helped Walmart achieve an 87% landfill diversion rate for returns and unsold items.
Is Walmart Wholesale or Retail?
- Walmart engages in retail and wholesale business, selling merchandise and services at stores and online at low prices.
