plans to play offense in home, apparel

Designed site will launch in first quarter

Bentonville, Ark. – will launch an initiative in the coming months to elevate its online home and apparel business.

At the Walmart 2017 Investment Community Meeting this morning, Walmart ecommerce ceo Marc Lore told analysts the a number of programs are in the works to attract more premium brands to the site.

Other takeaways:

The division, where the core consumer tends to be more urban and affluent, is also working to pull in more premium brands. Jet now has over 1 million home skus.

Over the past year, marketplaces housed on have grown from15 million products to over 60 million products and remain a growth vehicle going forward.

“In the future we believe shopping will be more personalized, immersive and on demand,” said Lore. “Look for us to play offense and to continue to innovate.”

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!