The History of Walmart
Walmart is the largest supermarket chain in America. Walmart was founded by Sam Walton, who opened his first store in 1942 and at the time was a small franchise company in a city of 7,000. Over the years this company became so popular and profitable that the owner did not want to renew the franchise, so Sam Walton decided to find a good location and open his own store. The first name of his shop was “5 and 10 cents”.
Sam Walton decided to expand his business to small towns because he was aware of the fact that there would be a lot of competition in big cities. So he went slowly but surely in expanding his business. In 1962, in Rodgers, Arkansas, Sam Walton opened his first Walmart store. The store’s first name was Waltons Five & Dime. It was a large supermarket where they had a wide range of home products. Sam had a good strategy supported by a policy of low prices, so by 1979 the revenue of Wal-Mart stores exceeded one billion. The company became one of the largest companies in America in the 1990s, and in 1992 Sam Walton received a medal from the President of the United States. The motto of the brand was “Save your money, live better.” The goal of the founder was to offer his customers products at a price that no one else has.
There is a wide range of products that customers can find in Walmart stores. Starting from stylish clothes from famous brands, older trends but also newer models, household appliances, tablets, computers, home products, garden, car products. In their stores you can find products from big companies such as Samsung, Apple, Asus and others. Regardless of age and gender, every customer will be able to find the required product right there. The range is wide from the most famous brands to not so well known companies.
Walmart introduces self-checkout instead of existing cashiers
The goal of this giant company is to decommission existing cashiers and introduce a self-checkout system for its customers. The aim is to speed up the collection system and not wait in lines for payment. Given the pandemic we’ve all been in over the last year, this can be a good thing in reducing human contact and human interaction in general.
Walmart explains that there will be assistants in their stores who will help customers if they can not cope with self-checkout. Walmart explains that for now this way of self-checkout is being tested to see results and success. The company also introduced a touch-free payment system also known as Walmart Pay. The whole recovery process takes place through this application. This method of payment is a practical and fast platform that allows the client to order everything he needs in a very simple way. All the customer has to do is click a few clicks and then the products arrive at their address. In order for customers to use this application, they need to create their own account and register. Then the system is simple, a delivery address, payment details, etc. are specified. The system stores data for future payments, so that customers can only select products and make payments. The system is sufficiently protected from various types of threats, so that customers do not have to worry about the security of their data.
Walmart Pay touch-free payment is easier than ever. Download our app today, register for Walmart Pay, and head to the store with peace of mind. Plus, earn 5% back when you use your Capital One Walmart Rewards Card with Walmart Pay for the first 12 months after approval. pic.twitter.com/hS7YrwS54T
— Walmart (@Walmart) May 13, 2020
Like everything else that is automated and requires an easier way to execute using technology, shopping is one of those advanced payments. Everything is improved, everything is easier. It remains to be seen how long-term such improvements will have an impact and what challenges we will face in the future.