musicMagpie plc musicMagpie products now available on Walmart.com
09 January 2023 - 6:00PM
RNS Non-Regulatory
TIDMMMAG
musicMagpie plc
09 January 2023
9 January 2023
musicMagpie plc
("musicMagpie", or "the Group")
musicMagpie's refurbished disc media is now available to buy on
Walmart.com
The Group's refurbished consumer technology products will follow
in early 2023
musicMagpie, a circular economy pioneer specialising in
refurbished consumer technology and disc media in both the UK and
US, is pleased to announce a new offering between its US brand,
decluttr, and Walmart. decluttr's refurbished disc media is now
available to buy on Walmart's online marketplace, Walmart.com, with
refurbished consumer technology products set to follow in early
2023.
Walmart.com is one of the fastest growing eCommerce platforms in
the US. Adding decluttr brings thousands of quality preowned CDs,
DVDs and video games to Walmart customers at competitive
prices.
In addition, Walmart recently announced the launch of Walmart
Restored, a programme created to help customers discover high
quality refurbished electronic products on Walmart.com. In early
2023, decluttr's refurbished phones, iPads, MacBooks and consoles
will be added to this programme.
The Walmart collaboration adds an additional sales channel for
decluttr's products, allowing access to Walmart's 120m monthly
website visitors. This will supplement existing sales through
decluttr's own website as well as on other marketplaces.
Steve Oliver, Chief Executive Officer and Co-Founder of
musicMagpie, said:
"We're thrilled to announce that we are teaming up with the
biggest retailer in the world, which will allow us to offer our
suite of refurbished and pre-owned products to its tens of millions
of customers. Walmart's mission to provide high quality items at
low prices aligns with our own, and the newly launched Walmart
Restored programme mirrors our commitment to the circular economy
and sustainability. This is an exciting new sales channel for us as
we continue to grow our decluttr brand in the US and partnering
with such an iconic household name will continue to foster trust
not only in decluttr, but also in refurbished products as a
category."
- Ends -
Enquiries
musicMagpie plc Tel: +44 (0) 870
Steve Oliver, CEO 479 2705
Ian Storey, COO
Matthew Fowler, CFO
Powerscourt (Financial Public Relations) Tel: +44 (0) 20
Rob Greening 7250 1446
Genevieve Ryan
Sam Austrums
Notes to Editors
About musicMagpie plc
Operating through two trusted brands - musicMagpie in the UK and
decluttr in the US - musicMagpie's core strategy is simple: to
provide consumers with a smart, sustainable and trusted way to buy,
rent and sell refurbished consumer technology and physical media
products with sustainability running to the very heart of its
operations. Founded in 2007, the Group has an established presence
in the UK, with operations in Stockport, Greater Manchester, and in
the US in Atlanta, Georgia.
musicMagpie has a strong environmental and social focus, as
demonstrated by its trademarked 'smart for you, smart for the
planet' ethos. Over 400,000 consumer technology products were
resold in FY21. In addition, the Group re-sells approximately 2,500
tonnes of books and disc media each year that could have ended up
as waste. During 2021, musicMagpie's UK consumer tech and disc
media customers, along with its trade partners, helped to save over
50,000 tonnes of CO (2) by buying, selling and renting with the
Group - an amount equivalent to providing heating for over 18,000
homes. The Group has been given the London Stock Exchange's Green
Economy Mark in recognition of its contribution to the global green
economy.
When selling to musicMagpie, the customer is offered a fixed
valuation via the website, provided with free logistics to ship the
products and (subject to it being 'as described') receives payment
for their product on the day of arrival at the Group's warehouse.
The Group also recently partnered with Asda to give customers the
option of using its SMARTDrop Kiosks in store for a fast and easy
way to recycle phones for instant cash. Customers purchasing from
musicMagpie receive branded refurbished product for a fraction of
the price of buying new.
The Group has the highest number of seller reviews on both
Amazon and eBay and has consistently achieved extremely positive
feedback scores. The Group also has a 4.5* rating on UK Trustpilot
with over 247,000 reviews.
For further information please visit : www.musicmagpieplc.com
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