Observed Signal · Jan 6, 2026 · Technical Release · Source: Marketecture · Impact: 3/5 · Sentiment: Positive

Walmart Connect Expands to Full-Funnel Performance

Executive Signal Summary

Walmart Connect is evolving from a search-driven retail media platform into a full-funnel advertising powerhouse designed to drive sales. In this Marketecture episode, Ari Paparo chats with Khurrum Malik, VP of Business and Product Marketing at Walmart Connect, about integrating on-site search, off-site media, and CTV via Vizio with closed-loop measurement to tie exposure to sales outcomes. The discussion covers expanding beyond PLA and search into brand, video, CTV, and off-site media, aided by CES previews of AI-powered ad tools, search incrementality GA, and third-party benchmarks that position Walmart Connect against digital and social norms. Takeaways include Walmart Connect’s multi-billion-dollar scale with 30%+ growth, an omni-channel footprint of 4,600+ stores and 150 million weekly shoppers, and a shift toward incrementality and IROAS as the measurement baseline rather than attribution alone. The episode also emphasizes couch-to-cart activation and the importance of true sales impact in retail media.

Polaris7 AgentPolaris7 Strategic Assessment
High Confidence

Walmart Connect expands into full-funnel capabilities and previews AI tools, signaling meaningful momentum in retail media.

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Key Takeaways & Evidence Grounding

  • Walmart Connect is a multi-billion-dollar retail media business growing 30%+
  • Walmart Connect expanding into brand, video, CTV, and off-site media beyond core PLA and search
  • Vizio enables couch-to-cart activation by linking CTV exposure to Walmart sales outcomes
  • CES announcements highlight AI-powered tools, search incrementality GA, and third-party benchmarks
  • Walmart’s omni-channel footprint includes 4,600+ stores and 150M weekly shoppers

Ontology Mapping & Concepts

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: Marketecture•Published: Jan 6, 2026
Original Coverage Title: “Inside Walmart Connect: From Retail Media to Full-Funnel Performance with Khurrum Malik”

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