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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.
3 Cheap Stocks Under $10 to Buy as Market Climbs on Coronavirus Optimism
by Benjamin Rains
Today, we dive into three cheap stocks trading under $10 a share and tried to focus on stocks from more recession-resilient industries, as the market climbs on coronavirus optimism...
Tyson Foods Suspends Iowa Plant Operations Due to Coronavirus
by Zacks Equity Research
Tyson Foods (TSN) suspends operations in its pork plant at the Columbus Junction, Iowa. Nonetheless, the company will shift the livestock supplies to other pork plants in the area.
Will Amazon (AMZN) Postpone Prime Day Due to Coronavirus?
by Zacks Equity Research
Amazon (AMZN) is reportedly delaying its mid-year shopping holiday, Amazon Prime Day 2020, until at least August.
Casey's-DoorDash Tie Up to Boost Delivery Amid Coronavirus
by Zacks Equity Research
Casey's (CASY) is on track with initiatives such as digital engagements comprising mobile app and online ordering capabilities to reach out to customers amid the pandemic.
Here's How Office Depot is Tackling Coronavirus-Led Demand
by Zacks Equity Research
Office Depot (ODP) is offering same-day deliveries from about 1,100 namesake and OfficeMax stores. Also, the company is offering free in-store and curbside pickup, among other facilities.
Can the Economy Come Out of Coronavirus-Induced Ventilation?
by Supriyo Bose
With a likely pent-up demand resulting from a prolonged period of low activities, the economy is expected to rebound stronger once the virus dies out.
Here's Why Costco Appears a Safe Bet Amid Coronavirus Crisis
by Zacks Equity Research
Even amid such crisis Costco (COST) looks quite resilient owing to the company's business model and products it offers.
Investing For The Post-Pandemic World
by Daniel Laboe
This is an exciting time to be investing, with stocks discounted and consumption patterns shifting, the market is rife with opportunity
Walmart (WMT) Pauses Stake Sale in Asda Amid Coronavirus
by Zacks Equity Research
Walmart (WMT) puts plans to sell off a major stake in its U.K. grocery unit, Asda on hold to efficiently manage its business during the coronavirus outbreak.
Amazon's New Grocery Store in Irvine to Boost Retail Presence
by Zacks Equity Research
Reportedly, Amazon (AMZN) plans to open a new grocery store in Irvine in a bid to expand its share in the retail space.
Kroger's (KR) March Comps Rise Amid Coronavirus-led Demand
by Zacks Equity Research
Kroger (KR) sees a sharp rise in sales across both brick-&-mortar stores and digital channels during the month of March.
Walmart (WMT) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Walmart (WMT) closed at $114.26 in the latest trading session, marking a +0.56% move from the prior day.
6 Industries & Their ETFs to Protect You from Virus in Q2
by Sanghamitra Saha
After one of the worst Q1, get ready for a coronavirus-riddled Q2 which makes these industries and ETFs worth a bet. These areas emerged as the top performers of Q1.
Coronavirus-Led Lockdown Aids These 5 E-Commerce Stocks
by Vasundhara Sawalka
The rapid spread of coronavirus is boosting online retailing as consumer footfall decreases at physical stores. Here are some e-commerce stocks likely to benefit including AMZN, EBAY among others.
Amazon's (AMZN) Lyft Deal Boosts Efforts to Fight Coronavirus
by Shilpa Mete
Amazon (AMZN) partners with Lyft to provide latter's drivers with delivery drivers, warehouse and shopper job opportunities for additional income amid the crisis.
eXp World, Columbia Sportswear, Walmart, Target, Amazon as Zacks Bull and Bear of the Day
by Zacks Equity Research
eXp World, Columbia Sportswear, Walmart, Target, Amazon as Zacks Bull and Bear of the Day
Are There Any Stocks to Buy in Coronavirus-Hit Retail Sector?
by Sumit Singh
Experts believe that once the coronavirus spread is contained and vaccine discovered, the retail sector, which touches every sphere of our life, is likely to witness a sharp rebound.
Big Lots Calls Off View & Defers Store Plans Amid Coronavirus
by Zacks Equity Research
Big Lots (BIG) issues further business updates in the wake of increasing volatility stemming from the pandemic. It withdraws guidance for first quarter and fiscal 2020.
Amazon (AMZN) Shifts Workers to Grocery Units at Higher Pay
by Zacks Equity Research
Amazon (AMZN) offering higher pay to warehouse employees for working in the company's grocery units, in order to meet the demand surge amid coronavirus-led crisis.
Coronavirus Dispirits Consumers: More Pandemic Doom Ahead?
by Sumit Singh
Market pundits predict a steeper fall in consumer sentiment next month, if the spread of virus is not contained that has already taken a toll on employment and household income.
Coronavirus Crisis Boosts Grocery Apps Download: Stocks to Gain
by Aparajita Dutta
With coronavirus spreading far and wide, more and more people are adopting online grocery delivery services in order to maintain social distancing
3 Cheap Dividend Stocks Under $20 to Buy Now for Coronavirus Volatility
by Benjamin Rains
Today we dive into three cheap stocks trading under $20 a share that also pay a dividend that investors might want to buy now during coronavirus volatility...
Is iShares Edge MSCI Multifactor USA ETF (LRGF) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for LRGF
Walmart (WMT) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Walmart (WMT) closed at $109.82, marking a +0.38% move from the previous day.
Target & Others Bracing for Coronavirus-led Demand Spike
by Rashmi Jaiswal
Retailers like Target are taking necessary actions to cope up with the burgeoning demand for essential commodities. Also, they are practicing sanitizing measures and safety protocols.