Travel + Leisure (NYSE:TNL) 2025 Conference December 02, 2025 08:00 AM ET Company ParticipantsMichael Brown - CEOErik Hoag - CFOConference Call ParticipantsStephen Grambling - AnalystStephen GramblingI think they're just kicking it right off. What a better way to kick off our Global Retail and Consumer Conference on Travel Tuesday than with Travel + Leisure. Michael, Eric, thank you for joining us. We were talking this morning about how Travel + Leisure is actually one of the best-performing stocks in my en ...

Core Insights - Walmart has introduced new AI tools aimed at enhancing the holiday shopping experience for customers [1][2] Group 1: New Features - The Walmart app now includes an In-Store Savings feature that shows items on sale at specific locations, an enhanced search feature for in-store stock availability, and a shopping list feature that organizes items by aisle [2][4] - The AI-powered digital assistant, Sparky, can now assist users in planning parties by generating curated lists of necessary items based on the occasion [3] - Additional features include AI-generated audio clips summarizing premium beauty product descriptions, a Shop the Background feature for adding items from images to the cart, and a Dynamic Showroom feature for visualizing different room setups with selected furnishings [4] Group 2: Customer Engagement and Spending - Walmart's senior vice president, Tracy Poulliot, noted that customers using the app while shopping in stores tend to spend 25% more on average compared to those who do not use the app [5] - A PYMNTS survey indicated that 32% of respondents have used or are willing to use generative AI for shopping, highlighting a growing trend in AI adoption among consumers [6] Group 3: Future Developments - Walmart CEO Doug McMillon emphasized the importance of AI in the company's strategy, stating that as Sparky evolves, it will become smarter and more personalized, serving as a primary tool for discovery, shopping, and managing orders and returns [7]

Core Insights - Walmart is enhancing the holiday shopping experience with new AI-powered tools and immersive experiences, aiming to make shopping faster, easier, and smarter [1][2] Group 1: New Shopping Tools - Walmart is introducing five new AI-driven shopping experiences to assist customers during the holiday season [1] - The Walmart app now includes an In-Store Savings tool that allows customers to find local deals, including Black Friday discounts and clearance items, with a single tap [4] - Enhanced search and navigation features in the app enable customers to locate items in-store, improving the shopping experience [4] - Customers can create and manage wish lists within the app, which organizes items by aisle for efficient shopping [4] - The AI-powered digital assistant, Sparky, helps customers plan holiday events by generating curated lists of necessary items [4] Group 2: Customer Engagement and Spending - Customers using the Walmart app while shopping in-store tend to spend 25% more on average compared to those who do not use the app [2] - The introduction of AI-generated audio summaries for over 1,000 beauty products helps customers make informed purchasing decisions on the go [5] Group 3: Immersive Shopping Experiences - Walmart is leveraging AI-powered augmented reality to create immersive shopping experiences, allowing customers to visualize products in designed spaces [8] - Features like Shop the Background and Dynamic Showroom enable customers to interact with products in a more engaging manner [8] Group 4: Holiday Promotions - Walmart is offering a Thanksgiving Meal Basket for under $40, which serves 10 people, featuring a variety of items including a Butterball turkey priced at $0.97 per pound [11] - The company is also preparing for Black Friday with significant discounts of up to 60% on top brands and numerous deals under $20 [10]