Walmart Offers Mobile Express Returns

Walmart is preparing to launch Mobile Express Returns- an innovative industry-first experience tha

We believe that slowing the USA store growth was one of the few remaining steps that WMT needed to complete this work and simultaneously return to better growth metrics. And, it seems the big-box retailer is onto something.

Store remodels and new digital experiences remain the priority for fiscal years 2018 and 2019, according to the company. People who purchase items online and then need to return them can do so by logging them on the Walmart app, generating a QR code for the transaction, and then walking into a physical Walmart store to return the items quickly. Once they hand over the merchandise, their refunds will be credited as soon as the next day.

Returning items to retail giant Walmart is about to become easier and faster as Wal-Mart Stores Inc. announced on Monday that it will be offering Mobile Express Returns which simplifies the return process through its smartphone app.

Besides, Amazon has also started the same program of reruns at Whole Foods stores across the USA, after acquiring the grocery chain in August.

Mobile Express Returns will initially be limited to items sold and shipped by Walmart.com, but will be extended to in-store purchases by early next year.

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The update comes after Walmart's announcement this month regarding a new Mobile Express Returns service. This will include items damaged during delivery, or delivered not as described such as off foods and opened makeup. Under the new return policy, he'd be able to immediately receive a refund, while the store wouldn't have to bother with processing a defective return, Eckert said. Wall Street is expecting the company to report earnings per share of $4.38 for the fiscal year. First, the customer will have to initiate the return process on their phones using the mobile app before they go to the app.

Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity found on the balance sheet.

Express lanes at customer service already exist, as they were out their earlier in the year to help speed up its pharmacy and money service clients.

"We're combining the accessibility of our stores with eCommerce to provide new and exciting ways for customers to shop", Wal-Mart Stores CEO Doug McMillan said in a statement ahead of the retailer's annual investor meeting.

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