Walmart is trying to sweeten its subscription service, Walmart+, in order to lure in even more shoppers amid a tumultuous time for the retail sector due to surging inflation.
these days. That’s why we’re excited to introduce a new member perk that delivers compounding value," the company announced Wednesday.
Members will now be privy to Walmart Rewards, which will help them earn additional savings toward future Walmart purchases, according to the Arkansas-based retailer. Members who accumulate savings can apply them at checkout during future shopping trips. According to the company, members can bank their digital rewards in the app or online and can use them for purchases both in-store and online.
, particularly clothing, that carry higher profit margins. It's forcing Walmart to step up discounts on general merchandise items like home furnishings and electronics to move inventory.
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