Walmart Created Its Answer To Prime, Subscription Program Walmart+ - 3/2/20

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Today in Five with Vincent Phamvan

Business


Thanks for joining us on today’s episode of Today In Five. I’m your host, Madison Huffman, and I’m reporting on the latest headlines on digital disruption.Today’s Quick Headlines:Wayfair’s losses continue to grow despite the online home goods retailer’s continued sales growth.Shortly after selling a majority stake in its Victoria’s Secret brand, L Brands has big plans for its Bath & Body Works business.Panera launched an unlimited-coffee subscription last week that costs $9 dollars a month.Walmart’s Answer to PrimeWalmart just created its answer to Amazon’s Prime membership. Walmart+ is the retailer’s new subscription program that will offer perks such as unlimited same-day grocery delivery and more. Want to stand out? Simplr can help deliver wow moments for your customers through unparalleled customer service support. Visit simplr.ai to learn more. Resources:https://www.retaildive.com/news/wayfair-posts-eyewatering-985m-loss-for-the-year/573223/https://chainstoreage.com/bath-body-works-has-big-store-expansion-planshttps://www.businessinsider.com/panera-unlimited-coffee-subscription-cost-how-to-sign-up-2020-2https://www.retaildive.com/news/walmarts-answer-to-amazon-prime-is-in-the-works/573225/