Walmart launches Walmart Restored Premium

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.