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Zacks News
Walmart Inc., which removed “Stores” from its name in 2018, has evolved from just being a traditional brick-and-mortar retailer into an omnichannel player. In this regard, acquisitions of Jet.com, Bonobos, Moosejaw and Parcel, partnership with JD.com and Lord and Taylor, and investment in online e-commerce platform Flipkart are noteworthy. These position the company to keep pace with the changing retail ecosystem and stay firm in the presence of rivals like Amazon and Target. Markedly, Walmart’s product offerings include almost everything from grocery to cosmetics, electronics to stationery, home furnishings to health and wellness products, and apparel to entertainment products, to name a few. The company operates as Walmart in the United States (its largest segment), including the 50 states, Washington D.C. and Puerto Rico. Its International segment (second largest) operated businesses in 26 countries as of Jan 31, 2019. Apart from United States, Walmart has operations in Argentina, Canada, Chile, China, India, Japan, Mexico, United Kingdom, Africa and Central America. The company operates in Mexico as Walmex, in the U.K. as Asda, in Japan as Seiyu, and in India as Best Price.
Target Hikes Minimum Pay to $15, Offers Extra Team Benefits
by Zacks Equity Research
Target (TGT) increases minimum wage from $13 to $15 per hour and announces a $200 one-time recognition bonus to frontline store and distribution center hourly staff.
Walmart (WMT) Down 5.1% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Walmart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why Did Beyond Meat (BYND) Stock Jump Today?
by Madeleine Johnson
Shares of meat alternative producer Beyond Meat (BYND) traded up nearly 8% on Wednesday after a couple positive headlines boosted the stock.
Google & Carrefour Launch Voice Grocery Service in France
by Zacks Equity Research
In a bid to bolster presence in the global online retail market, Alphabet's (GOOGL) division Google, in collaboration with Carrefour, launches a new grocery shopping service in France.
The Zacks Analyst Blog Highlights: JNJ, WMT, BAC, IBM and LMT
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JNJ, WMT, BAC, IBM and LMT
Shopify (SHOP) Up on Walmart Deal, Takes the Fight to Amazon
by Zacks Equity Research
Shopify (SHOP) aims to challenge Amazon, by partnering the latter's closest competitor in the retail domain, Walmart.
Walmart Ups E-Commerce Game Again, Adds Shopify to Marketplace
by Zacks Equity Research
Walmart (WMT) joins forces with Shopify to strengthen its marketplace. It anticipates adding 1,200 Shopify sellers to its marketplace this year.
Retailers Step Up Same-Day Delivery Game: 7 Stocks in Focus
by Ansuiya Mohta
As fears of a second wave of coronavirus grip markets, same-day delivery for groceries and other essential items may become a more viable option, at least in the immediate future.
Buy Clorox (CLX) Stock Now for Coronavirus Volatility and Beyond?
by Benjamin Rains
Clorox shares have surged 35% in 2020 to crush the S&P 500's 5% decline as its disinfectant wipes fly off the shelves during the coronavirus pandemic. With this in mind, investors might want to consider buying CLX stock as coronavirus volatility returns...
Can Retailers Combat Coronavirus Again With Curbside Pickup?
by Ritujay Ghosh
As fears of coronavirus grow with more cases being reported over the past week, curbside pickup may become the new normal for both retailers and shoppers.
Stocks to Gap Lower on Second Wave Fears
by Jeremy Mullin
Aggressive selling overnight has the bears in control.
Top Research Reports for Johnson & Johnson, Walmart & Bank of America
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Johnson & Johnson (JNJ), Walmart (WMT) and Bank of America (BAC).
Walmart's Sam's Club Enhances Delivery With Curbside Pickup
by Zacks Equity Research
Walmart's (WMT) Sam's Club division unveils curbside pickup, which is likely to be rolled out to all clubs by June-end.
Buy Kroger Stock Ahead of Q1 Earnings for Coronavirus Grocery Growth?
by Benjamin Rains
The grocery giant's shares have outpaced its rivals in 2020 and its fourth quarter results showcased its early pandemic strength...
Rite Aid Adds More Testing Sites in Fight Against Coronavirus
by Zacks Equity Research
Rite Aid (RAD) is aggressively expanding COVID-19 testing locations by adding 21 more sites in order to curb the effects of coronavirus.
5 Solid Reasons to Invest in Green Dot (GDOT) Stock Now
by Zacks Equity Research
Strength across Banking as a Service platform programs is acting as a key growth catalyst for Green Dot (GDOT).
Buy Soaring eBay Stock at Highs for Coronavirus E-Commerce Boom?
by Benjamin Rains
eBay lagged the broader e-commerce market for most of the last five years, as Amazon and others grabbed the limelight. But eBay stock has soared nearly 90% since the market's March 23 lows to crush the Seattle giant and hit new highs...
Big Lots Partners With Instacart to Offer Same-Day Delivery
by Zacks Equity Research
Big Lots' (BIG) partnership with Instacart to provide same-day delivery in the United States amid the coronavirus outbreak bodes well.
Supermarkets Industry Outlook Eclipsed by Margin Concerns
by Vrishali Bagree
Companies in the supermarkets industry are seeing increased demand amid the coronavirus-led stock piling. However, rising costs and growing e-commerce mix pose threat to margins.
Buy Chewy Stock Before Q1 Earnings for Coronavirus E-Commerce Growth?
by Benjamin Rains
Chewy (CHWY) shares have outpaced the broader market rally, driven by its ability to expand during the coronavirus lockdown environment. The e-commerce pet store firm has proven it can grow in the Amazon (AMZN) age...
Buy Dollar General (DG) Stock for Discount Retail Growth Beyond the Coronavirus?
by Benjamin Rains
Dollar General (DG) shares have climbed over 20% in 2020, against the S&P 500's 3% slide, on the back of its ability to expand during the coronavirus lockdowns...
Amazon (AMZN) to Expand Air Fleet by Leasing 12 Cargo Planes
by Zacks Equity Research
Amazon (AMZN) to lease 12 additional Boeing 767-300 converted cargo aircraft to ensure timely delivery of goods.
Costco (COST) Regains Sales Momentum in May After Recent Blip
by Zacks Equity Research
Costco (COST) remains one of the dominant warehouse retailers based on the breadth and quality of merchandise offered. The company's e-commerce sales are witnessing a sharp increase.
Stock Market News for June 2, 2020
by Zacks Equity Research
Benchmarks closed in the green on Monday as signs of economic rebound overshadowed civil unrest amid coronavirus pandemic and rising U.S.-China tensions.
Beyond Meat Shines in a Strong Market
by Sejuti Banerjea
Plant-based is a trend that will not go away any time in the foreseeable future.