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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.
American Retail Brushes Off Sears Collapse: 5 Picks
by Tirthankar Chakraborty
Unlike Sears, things are looking up for retailers as consumers are now the most confident since 2000.
The Zacks Analyst Blog Highlights: Amazon, Walmart, Google ,Facebook and Netflix
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Walmart, Google ,Facebook and Netflix
Will E-Commerce Drive Retail Sales This Black Friday?
by Ritujay Ghosh
Online retailers are definitely giving stiff competition to brick-and-mortar giants. However, physical stores too are leaving no stone unturned to boost sales through the Black Friday weekend.
Amazon (AMZN) Stock Looks Like A Buy Ahead of Q3 Earnings
by Benjamin Rains
Now might be a good time to think about buying AMZN stock before Amazon reports its Q3 financial results on Thursday, October 25.
Know Carter's (CRI) Stock Inside Out Prior to Investment
by Zacks Equity Research
Carter's (CRI) displays strength riding on a solid surprise trend, robust outlook and long-term strategies. However, a tepid wholesale business and higher costs are persistent woes.
PayPal (PYPL) Stock Dips Ahead of Q3 Earnings: What to Watch
by Benjamin Rains
PYPL is currently in the midst of a turbulent six months, but that could change with a big Q3. So, let's see what to expect from PayPal.
Amazon Partners with Shark Tank to Expand Product Offerings
by Zacks Equity Research
Amazon's (AMZN) competitive position strengthens in retail based on its partnership with Shark Tank.
Why Walmart (WMT) Could Beat Earnings Estimates Again
by Zacks Equity Research
Walmart (WMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Forget Icahn & Dollar Tree, Buy These 3 Retail Stocks Instead
by Benjamin Rains
Shares of Dollar Tree (DLTR) soared nearly 7% Tuesday on the back of a report that said activist billionaire investor Carl Icahn is amassing a significant stake in the discount retail firm. With that said, the holiday shopping season looks to be strong amid sky-high consumer confidence. So, let's take a look at three other discount retail stocks that seem like they might better buys right now.
Walmart (WMT) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Walmart (WMT) closed at $93.82 in the latest trading session, marking a -1.04% move from the prior day.
Are Amazon, UPS, Others Prepared for USPS' Proposed Price Hike?
by Ritujay Ghosh
The USPS has proposed a 12.3% price increase for its lightweight parcel service and a 9.3% increase for non-lightweight service.
Dow 30 Stock Roundup: Walgreens' Earnings Top, UTX Board OKs Dividend Hike
by Swarup Gupta
The index suffered a particularly dismal week, weighed down by surging bond yields.
Walmart's Digital Operations to Gain From PayPal Wallet
by Zacks Equity Research
Walmart (WMT) announces plans to partner with PayPal. The deal is likely to bolster the company's digital cash transfers.
Should You Buy PayPal (PYPL) Stock Ahead of Q3 Earnings?
by Benjamin Rains
PayPal (PYPL) shares have tumbled roughly 15% since the company completed its purchase of iZettle last month. Yet, the move could help PayPal better compete as a more all-encompassing fintech firm. So, the question is should investors consider buying PYPL stock at what might prove to be a discount ahead of its third-quarter earnings release?
Altria to Explore Cannabis Prospects, Eyes Stake in Aphria
by Zacks Equity Research
Per media sources, Altria (MO) is planning to venture into the cannabis industry and acquire minority stakes in Aphria.
Amazon Boosts Holiday Initiatives With Unique Handmade Items
by Zacks Equity Research
Amazon (AMZN) is likely to gain traction during the holiday season by bringing handcrafted products from local artisans across the United States.
Costco Posts Solid Comps Again, September Metric Up 8.4%
by Zacks Equity Research
Costco's (COST) growth strategies, better price management, sturdy comps performance and strong membership trends reinforce its position. The company reports impressive comps in September as well.
Kroger Strengthens Position With Rollout of Home Chef Kits
by Zacks Equity Research
Kroger (KR) and Home Chef unveil the launch of weekly rotating meal kits, which will be available at some Kroger stores.
Kimco Realty Advances Dispositions, Q3 Sales Exceed $150M
by Zacks Equity Research
Kimco Realty reports sale of 10 shopping centers for $156.8 million in third-quarter 2018. Accordingly, year-to-date dispositions amount to nearly $700 million.
Who Will Fill the Void Left by Toys "R" Us This Holiday Season?
by Ritujay Ghosh
With the holiday season coming, demand for toys like every year is expected to escalate. Naturally, a number of retailers are rushing to increase their toy sales.
Walmart's Canada Unit Eyes Prospects in Cannabis Products
by Zacks Equity Research
Walmart (WMT) explores opportunities to sell cannabis-infused products in Canada.
Target (TGT) Launches In-House Brand Amid Price War
by Zacks Equity Research
Target is set to launch Smartly, an in-house brand that will offer product at a lower price to consumers.
Amazon's Accelerator Program to Boost Private Label Business
by Zacks Equity Research
Amazon (AMZN) unveils accelerator program to bring more own brand products on its e-commerce platform. This is likely to strengthen its retail position.
Company News For Oct 9, 2018
by Zacks Equity Research
Companies in the news are: GOOGL, ESV, RDC, ARNC and WMT
Walmart (WMT) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Walmart (WMT) closed at $94.70, marking a +1.48% move from the previous day.