Walmart Plans on Selling More Furniture Online

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Walmart Inc. offered a first glimpse on its revamped Walmart.com, showing off its home department.

The big-box retailer will release a renewed portion of its website which will be focused on fashion and home furnishings. Walmart announced on Thursday that the operation is expected to be operational within the coming weeks.

Walmart aims to match actions made by rivals Target, Amazon, and furniture companies like Wayfair, Stanley Furniture, IKEA, and La-Z-Boy.

The overhauled website is set to launch later this year and will mirror how people shop for various items. Walmart will also offer a space on its website dedicated solely for Lord & Taylor fashions. The retail giant signed a partnership contract last year with the department store’s parent company, Hudson’s Bay Co.

Walmart seeks to provide its customers elevated online shopping experience, adding fashion to the equation. It’s now working on sharpening the way its furniture, linen, and other home items are presented online.

Walmart.com will include a new landing page featuring collections of furniture grouped by trends and prepared by in-house stylists. There will be nine styles to choose from which are modern, midcentury, traditional, glam, industrial, bohemian, farmhouse, transitional and Scandinavian.

“As the head of Home for Walmart U.S. eCommerce, and admittedly design-obsessed, I’m personally excited about the changes we’re making to help our customers shop the high-quality, on-trend and, of course, affordable home assortment we offer on Walmart.com,” said senior vice president of Walmart’s e-commerce home division, Anthony Soohoo.

“Over the past year, we’ve nearly doubled our home assortment and introduced a wide variety of furniture and home decor items, like a new Scandinavian line of furniture for kids and refreshed assortment of modern furniture,”Soohoo added. “Now, it is going to be that much easier for customers to shop these items and more.”

Amazon Stocks Close Higher

Amazon app in phone screen on top of printed data

Meanwhile, Walmart’s rival, Amazon.com Inc.’s shares rose by around 1 percent at previous close. The company set a new all-time high on Wednesday as it moved past $1,500 for the first time.

The stock closed up at $1,482.92 after it reached $1,503.49 a share. This was the first time that the shares of the e-commerce company reached such levels since its initial public offering in 1997.

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