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Highlights
- Walmart Inc (WMT) is launching an online restock event for Xbox Series X on Monday.
- The Walmart+ members will have early access to the event. The membership cost is US$12.95 per month.
- The online event, part of the Black Friday deals, was expected to start at 4:00 pm ET, November 22, 2021, for members.
Ahead of the Black Friday sale on November 26, Walmart is hosting an online restock event for the popular Xbox Series X and play-stations. It will start at 7:00 pm ET today (November 22).
So, grab it fast before they run out of the shelves. The Walmart+ or (Walmart Plus) members will have the pre-access privilege for the restock starting at 4:00 pm ET.
The members might have a better chance to own the consoles before the non-members do due to the limited supply.
It was not immediately known whether more Xbox consoles would be topped up with to ensure they last until Black Friday. Buyers will have to keep an eye on it for updates.
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The Play Station 5 console will be available at US$499. PlayStation 5 Digital Edition console at US$399, Xbox Series X console at US$499, and Xbox Series S console will be available at US$299.
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Walmart Plus Membership
The Walmart+ membership comes at US$12.95 per month. The benefits from the membership include discounts on prescription drugs and fuels, up to a 4-hour headstart for online promotional events, and unlimited free delivery.
Thanksgiving Week is turning out to be a major extravaganza for Walmart members and customers. It has lined up several attractive deals in the run-up to Black Friday on November 26. Besides online promotions starting today, in-store deals will start at 5:00 am local time on Black Friday.
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In the past one-and-a-half years, mainly during the covid lockdowns, the online gaming and entertainment sector has seen strong growth. However, due to the supply constraints, vendors were unable to meet all the demands. But at this time of the year, the availability of these items at a much lower price makes them an attractive deal. Although the members can avail the items early, there is no guarantee that all of them will be able to buy the consoles.
The Walmart Inc. (NYSE:WMT) stock traded at US$142.11, down 0.20% at 09:31 am ET.
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Bottomline
There has been a rising demand for gaming devices during the last one-and-a-half years, but console manufacturers faced issues in the supply chain. As a result, the ensuing shortage of gaming items had dampened the spirits in the market.
