Retail giant Walmart has announced the launch of Walmart Business as an eCommerce site aimed at supporting small and medium businesses (SMBs) and nonprofits with supplies for their day-to-day operations.
Ashley Hubka, Senior Vice President & General Manager of Walmart Business, said in a statement that organisations were looking to “save money and spend less time on business purchases, stay in control and in stock with more time to focus on their operations and staff, and create efficiencies to operate and grow.”
“Our focus is to remove complexity in purchasing, lower costs and give our customers more opportunities to serve their customers and communities,” she added.
Walmart Business expects to offer more than 100,000 items, and according to the firm has been tailored especially for “busy organisational shoppers,” for example, by simplifying restocking where various items are grouped together in a way that makes sense to organisations.
Some of the key products that have been identified by the retailer for various company operations include office supplies and furniture, food and beverage, restroom, electronics, classroom and facility needs.
Up to five users can be added to a single account while having the ability to share payment information, order history and purchasing power across teams.
Qualified organisations can enroll in the Walmart Tax-Exemption Program (WTEP), allowing automatic removal of eligible taxes during checkout.
There is also an upgrade option to Walmart Business+ membership, at a price of $98/year, plus tax, which includes: free shipping with no minimums, free pickup and delivery from store with a $35 minimum order, two percent rewards on orders of $250 or more, and savings of 5% on eligible items set to subscription.
