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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.
Keurig Adds Coffee-Maker Line, New Facility to Create Jobs
by Zacks Equity Research
Keurig (KDP) opens production and supply-chain facility in Allentown, PA, which should add 400 jobs. Further, it expands the coffee-maker line, with the launch of the K-Duo portfolio.
Top Research Reports for Chevron, Walmart & ConocoPhillips
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Chevron (CVX), Walmart (WMT) and ConocoPhillips (COP).
3 Mega-Cap Cloud Stocks for Tech Investors to Buy in September
by Benjamin Rains
Check out these three mega-cap cloud computing stocks that tech investors should consider buying right now...
Is Walmart (WMT) Outperforming Other Retail-Wholesale Stocks This Year?
by Zacks Equity Research
Is (WMT) Outperforming Other Retail-Wholesale Stocks This Year?
Walmart (WMT) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Walmart (WMT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Bull of the Day: Fiserv, Inc. (FISV)
by Benjamin Rains
Fiserv, Inc. (FISV) is perhaps one of the most important financial services companies in the U.S. and it recently significantly extended its reach in the digital money age...
Walmart (WMT) Up 4.2% Since Last Earnings Report: Can It Continue?
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.
Dividend Growth ETFs for Long Term Investors
by Neena Mishra
Dividend growth ETFs hold companies with solid balance sheets and rising earnings.
Amazon to Deepen Morrisons Alliance, Eyes U.K. Retail Space
by Zacks Equity Research
Amazon (AMZN) agrees to extend alliance with Morrisons, which is likely to intensify competition in the U.K. retail market.
Kroger Whipsaws After Q2 Earnings Beat: What's Next for the Grocery Giant?
by Christopher Vargas
On Thursday, Kroger (KR) reported second quarter earnings before the opening bell and shares fell by as much as 3% in intraday trading.
Kroger's (KR) Q2 Earnings Top Estimates, Digital Sales Soar
by Zacks Equity Research
Kroger (KR) reports second-quarter results, wherein the bottom line surpasses the Zacks Consensus Estimate for the second successive quarter. Management also reiterates fiscal 2019 forecast.
Prologis' Seattle Multi-Story Warehouse Gets Amazon as Tenant
by Zacks Equity Research
Prologis' (PLD) multi-story warehouse in Seattle lures retailers that are in race to lower their shipping times.
Walmart Expands Delivery Unlimited, Solidifies Online Grocery
by Zacks Equity Research
Walmart (WMT) plans to expand Delivery Unlimited to 1,400 stores by this fall. This is likely to help the company address consumers' convenience.
Bear of the Day: Vista Outdoor (VSTO)
by Madeleine Johnson
Even though a turnaround plan is in place, the future looks shaky for this outdoor equipment maker.
FedEx Q1 Earnings Preview: Can FDX Stock Bounce Back After Amazon Breakup?
by Benjamin Rains
Let's see what to expect from the FedEx's upcoming first-quarter fiscal 2020 financial results, due out after the closing bell on Tuesday, September 17, to see if FDX stock might bounce back after its Amazon breakup.
Target (TGT) Gears Up for Holiday Season, Unveils Hiring Plan
by Zacks Equity Research
Target (TGT) intends to hire more than 130,000 seasonal workers to provide customers a great shopping experience.
Buy Nike Stock Ahead of Q1 Earnings, Amid LULU & Adidas Competition?
by Benjamin Rains
Nike (NKE) is set to release its Q1 2020 earnings and revenue results on September 24. Is now the time to buy NKE stock amid Lululemon (LULU) & Adidas (ADDYY) competition?
Shopify Buys 6 River, Threatens Amazon's Warehouse Tech Lead
by Aniruddha Ganguly
Shopify's (SHOP) acquisition of 6 River Systems is expected to boost its competitive position in the fulfillment network space dominated by Amazon.
Target to Better Serve Customers Via New Loyalty Program
by Zacks Equity Research
Target (TGT) will launch a new loyalty program namely Target Circle on Oct 6. This move bodes well for the upcoming holiday season as customers can avail a more convenient and customized shopping experience.
Costco's (COST) Impressive Comps Run Continues in August
by Zacks Equity Research
Costco (COST) continues to be one of the dominant warehouse retailers based on the breadth and quality of merchandise offered.
Why RH Stock Looks Like a Buy Ahead of High-End Retailer's Q2 2019 Earnings
by Benjamin Rains
Shares of RH (RH), formally known as Restoration Hardware, have soared 65% over the past three months heading into the release of its second-quarter 2019 financial results on Tuesday, September 10...
Retailers Stepping Up Delivery Plans: Is Amazon in Trouble?
by Shilpa Mete
Fast delivery service initiatives by retailers like Amazon (AMZN), Walmart, Target and Costco are intensifying the e-commerce battle.
Amazon Brings AmazonFresh in Indianapolis to Boost Delivery
by Zacks Equity Research
Amazon's (AMZN) AmazonFresh service will enable Prime members in Indianapolis to receive delivery of essential goods and grocery items within two hours.
Bear Of The Day: Macy's (M)
by Daniel Laboe
Macy's (M) has continued to disappoint shareholders and investors alike. The once retail behemoth has lost 75% of its value in the past 5 years. It is now trading at its lowest levels in over a decade.
4 Stocks to Play After Trade Talks Are Set to Resume
by Christopher Vargas
The stock market picked up today after the US and China agreed to resume trade talks next month.