Walmart Inc. (NYSE:WMT) shares are trading higher premarket Wednesday. On Tuesday, the retail giant announced several new initiatives ahead of the holiday season.
The initiatives include category expansion, multichannel fulfillment, and new features aimed at simplifying cross-market selling.
The company disclosed the expansion of the Premium Beauty, Pre-owned, and Collectibles categories.
Also, the retailer introduced Walmart Multichannel Solutions to fulfill orders from any e-commerce site and simplify product imports.
In particular, Walmart’s cross-border import service now allows Walmart Fulfillment Services (WFS) to transport full-container-load shipments directly from Asian ports to US facilities.
The company also ...
