Walmart streamlines order management for third-party sellers
Walmart Marketplace sees growth
Walmart has been expanding the scope of Walmart Marketplace. Recently, the retailer began making hundreds of pre-verified sneakers from online marketplace StockX available directly on its site, with significant expansion planned for 2025.
And at its annual "Let’s Grow! 2024 Walmart Marketplace Seller Summit," the discount giant announced new offerings including a resale storefront, expanded categories, and several fulfillment and logistics services.
Other recent examples include offering third-party sellers of Chinese products a new avenue to sell directly to Walmart customers and connecting tire sales on its online marketplace to its in-store auto care centers.
[READ MORE: Walmart offers third-party sellers funding via new partnership]
According to the retailer, Walmart Marketplace has achieved more than 30% sales growth in each of the past four quarters and is helping drive double-digit U.S. e-commerce growth for six consecutive quarters. The number of sellers listing items on Walmart.com grew 20% during fiscal 2023.
Headquartered in Bentonville, Ark., Walmart Inc. operates more than 10,500 stores and numerous e-commerce websites in 19 countries.