27 September 2022 | Other

Walmart joins the meta universe with Roblox

The Roblox meta universe platform is extremely popular among little kids. On Monday, the retail giant announced that it is launching two fascinating online experiments with it.

Covid-19 has created the next generation of customers and consumers by changing their habits. It has boosted electronic commerce sales and Walmart stated that it aims to match them.

"Walmart Land" will present for sale "verch" for avatars corresponding to real products in Walmart stores. According to the store's plan, Noah Schnapp, star of the TV series "Very Stranger Things," will present a quiz, a virtual dressing room and a music festival with popular artists.

The second experiment will be the Walmart Universe of Play. It is going to represent immersive games for the holiday season with characters from the most popular toys by LOL Surprise!, Paw Patrol and others.

Basically, Walmart is focusing on Generation Z and is targeting the transition to virtual reality. Looking into Walmart's virtual fitting room, it will be possible to try out afp4 products, cosmetics brand Halsey, and the skincare line by YouTubers Brooklyn and Bailey. Madison Beer and Kane Brown are preparing to appear at Walmart Land's Electric Fest.

Potential and existing customers and consumers spend a lot of time on Roblox. William White, Walmart's chief marketing officer, said this at a company press release.

Company MarketCheese
Period: 14.05.2025 Expectation: 1650 pips
Technical and fundamental background supports AUDCAD
07 May 2025 63
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 08.05.2025 Expectation: 550 pips
EURUSD to drop to 1.13000
07 May 2025 50
Period: 13.05.2025 Expectation: 240 pips
Brent crude price rebound to continue up to 65
07 May 2025 52
Period: 14.05.2025 Expectation: 1000 pips
Buying GBPUSD amid trade talks and weaker dollar with target at 1.344
07 May 2025 31
Period: 12.05.2025 Expectation: 1500 pips
USDJPY rebound fades ahead of Fed meeting
06 May 2025 66
Period: 30.05.2025 Expectation: 975 pips
Natural gas maintains upside potential within megaphone pattern
06 May 2025 67
Go to forecasts