Move over Craigslist! Action news has learned that Wal-Mart, the world's largest retailer, has just launched a new online classified advertising site. The free, community-based site allows customers to buy and sell items locally, find local jobs, and learn about events in their area.

Wal-Mart's classifieds appeals to business classifieds for car sales, real estate, etc. as well as individuals taking out want ads. Ads are free, so why not sell that old stuff you don't need anymore?

Online classified advertising has become more and more popular with the down economy because of the need to sell unnecessary items to help make ends meet. It generates about $30 billion every year.