Walmart is introducing Walmart Restored Premium. Items that fall under the Restored Premium category are like new, showing no signs of cosmetic damage, and they come with a one-year warranty and 30-day (or more) free returns. Batteries will be 90% or more of the new equivalent. Items will be refurbished by the original manufacturer or a manufacturer-authorized third party.
Keeping products in circulation for as long as possible is more sustainable, in line with Walmart's efforts to enable a more circular economy in collaboration with customers, suppliers, and sellers.
The Restored Premium tier also offers more opportunities for marketplace sellers. They have the opportunity to do two important things: broaden their overall assortment and bring quality refurbished items to customers.
