Walmart’s new discount could help employees ‘Save Money. Live Better’
An improved discount is now available for Walmart employees.
The retail giant, known for its slogan, "Save Money. Live Better," is expanding its existing 10% employee discount to include nearly all groceries — including dairy, frozen foods, dry goods, meat and seafood — all year.
"We know the impact this discount has for so many of our associates and their families," Walmart's Chief Operating Officer Kieran Shanahan said in a LinkedIn video. "We've made (the discount program) simpler, more accessible and something that more associates and their families can take advantage of."
Previously, the Walmart Associate Discount Card only applied to fresh produce and general merchandize like clothing and toys, with other food items only discounted during the holidays.
The new expansion will cover about 95% of regularly priced items, a memo to employees obtained by CNBC reads. Approximately 1.6 million U.S. employees will qualify for the discount 90 days after their hiring date.
Employees with more than 20 years of service will receive the discount for life.
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