Walmart had seven patents in mobile during Q1 2024. Walmart Inc’s patents filed in Q1 2024 focus on innovative systems and methods for displaying items for purchase, managing digital wallets, utilizing communication protocols for smartphone interactions, and synchronizing customer shopping experiences across multiple channels. These patents aim to enhance the retail experience and streamline processes for both customers and the retailer. GlobalData’s report on Walmart gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
Walmart grant share with mobile as a theme is 42% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Systems and methods for displaying items for purchase (Patent ID: US20240095668A1)
The patent filed by Walmart Inc. describes a system and method for displaying items for purchase from a retailer using a control circuit and a retail application. The control circuit determines inventory items to include in a listing of selectable items for potential purchase, updates the listing based on dimensional space, weight, and available storage capacity of a delivery container, and outputs signaling to display the updated listing on a customer device. The retail application allows customers to select items for purchase, with each selection resulting in an updated listing displayed on the customer device. The system also includes features such as displaying remaining storage capacity, storing customer transaction data, and updating databases with customer selections.
The system and method outlined in the patent aim to streamline the process of displaying and selecting items for purchase, particularly those that will be delivered using robotic delivery vehicles. By utilizing the control circuit and retail application, customers can easily view and select items based on available storage capacity and other factors. The integration of databases for storing transaction data and updating inventory quantities adds efficiency to the overall process. Additionally, the patent includes provisions for displaying remaining storage capacity, determining delivery containers based on various factors, and utilizing an API to update central databases in response to customer selections. Overall, the patent highlights a comprehensive system for enhancing the shopping experience and optimizing inventory management in a retail setting.
To know more about GlobalData’s detailed insights on Walmart, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
