The new centralized site is made of a series of templates, and each page can make use of widgets. A widget is a content area that helps present content in a complelling, clear and consistent way. There are two types of widget:
Simple Widgets - enter the content directly into the widget and save the page.
Component Widgets - these widgets point to existing items on the page (typically pages or totes). They have component folders underneath them, and each item is hooked into the widget.