Walmart Acquiring ‘Shelf Intelligence’ Company Volt Systems
Walmart is buying Volt Systems, a tech company that gives suppliers “enhanced on-demand visibility into merchandising resources,” said the retailer Friday. The Volt app is capable of rendering “current store-level data,” plus “shelf intelligence,” giving consumers “reduced friction due to…
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out-of-stocks,” it said. Walmart is buying Volt “outright,” including the brand and its personnel, technology and customer agreements, it said. Terms weren’t disclosed.