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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.
Walmart Likely to Venture Into Subscription-Based Streaming
by Zacks Equity Research
If hearsays are to be trusted, Walmart (WMT) is planning to launch a new subscription based streaming service. However, management is yet to confirm such rumors.
Why Microsoft Just Picked a Side in the Walmart-Amazon War
by Radek Gralak
On Tuesday, Walmart (WMT) revealed that it has entered a five-year deal with Microsoft (MSFT) which will allow the retail giant to use the tech firm's cloud solutions, such as Azure and 365. For Walmart, the benefits are clear, but why would Microsoft want to pick a side in the big box retailer's ongoing war with Amazon?
Walmart And Microsoft To Take On Amazon
by Sejuti Banerjea
Your enemy???s enemy is your friend.
Walmart Adds New Leaf to Digital Story With Microsoft Deal
by Zacks Equity Research
Walmart (WMT) to partner with Microsoft and bolster cloud computing technology to offer improved shopping experience to customers.
Amazon's Prime Continues to Grow Irrespective of Price Hike
by Zacks Equity Research
Prime price hike has not hurt the Prime member base of Amazon (AMZN), courtesy the benefits related to Prime.
The Zacks Analyst Blog Highlights: Amazon, Alibaba, Walmart, Berkshire Hathaway and JPMorgan Chase
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Alibaba, Walmart, Berkshire Hathaway and JPMorgan Chase
Amazon Roundup: Prime Day, Network Switches, PillPack, More
by Sejuti Banerjea
Amazon's (AMZN) Prime Day, its rumored entry into the network switching business and its PillPack acquisition are the top stories in this roundup.
Should You Buy Amazon (AMZN) Stock On Prime Day?
by Benjamin Rains
Shares of Amazon (AMZN) opened higher Monday, touching another new all-time high directly before the start of its annual Prime Day. Aside from the hype and gimmicks surrounding its widely popular shopping holiday, Prime Day is important because although AWS has expanded, Jeff Bezos' firm is still a retail business at its core.
Kroger Looks Firm, Efforts in Grocery Space Commendable
by Zacks Equity Research
Kroger (KR) is trying all means to overcome competition in the grocery space, which is undergoing a fundamental change with technology playing a key role and focus shifting to online shopping.
Bricks and Mortar Take On Prime Day Challenge: 4 Hot Picks
by Tirthankar Chakraborty
Brick-and-mortar retailers flex muscles to lessen the impact of Amazon Prime Day with a series of sales and special offers.
Walmart Chalks Out Store Plans With Omnichannel in Focus
by Zacks Equity Research
Per sources, Walmart (WMT) intends to renovate another store in Tampa to make it more technologically inclined. Also, the company opens a convenience store in Plano.
Buy Walgreens (WBA) Stock Because It's Cheap & Amazon Fears Are Overblown?
by Benjamin Rains
Shares of Walgreens Boots Alliance (WBA) are down 16.5% over the last year based mostly on Amazon (AMZN) fears. There is no doubt that online selling and delivery have altered the retail world, but does that mean Walgreens can no longer compete? Let's dive into some of WBA's fundamentals to see what to do with the stock.
Costco (COST) Posts Impressive Comparable Sales in June
by Zacks Equity Research
While major chains are grappling with sluggish store and mall traffic, Costco (COST) seems somewhat resilient to the challenging retail backdrop.
Can Competitors Ride High on Amazon's Prime Day Wave?
by Ritujay Ghosh
It's not only Amazon (AMZN) that makes a lot from Prime Day. Amazon in a way is also helping its rivals like Walmart (WMT), Target (TGT), eBay (EBAY) and Macy's (M) to cash in on this opportunity.
Walmart Gears Up for Back-to-School Season With New Offerings
by Zacks Equity Research
Walmart (WMT) announces a broad array of offerings for consumers to shop conveniently this back-to-school season.
Walmart Plays Another Card: Stays Firm Amid Grocery Retailers
by Vrishali Bagree
Walmart (WMT) is planning to set up a fulfillment center for Jet.com in Bronx. This will help Walmart test same-day deliveries of various products in New York.
Can Walmart (WMT) Fight Amazon (AMZN) With New E-Commerce Center?
by Afrasiab Mian
Walmart (WMT) made headlines Tuesday with news that it plans to open an e-commerce center in the Bronx neighborhood of New York City. How does this position the firm for its continued fight against Amazon (AMZN)?
The Zacks Analyst Blog Highlights: Amazon.com, Walmart, eBay, Kroger and Target
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon.com, Walmart, eBay, Kroger and Target
Amazon's 2018 Prime Day to Be Longest in Company History
by Zacks Equity Research
Amazon's (AMZN) 2018 Prime Day will be celebrated over 36 hours, beginning Jul 16.
LeBron James and 2 Other Reasons Investors Should Care About Wish.com
by Afrasiab Mian
Have you ever heard of Wish.com? If not, you should learn. It could potentially shakeup the e-commerce world in a big way.
Amazon's Prime Day to Hit Retailers' Back-to-School Efforts
by Zacks Equity Research
Amazon's (AMZN) longest Prime Day is expected to hit hard prominent retailers' efforts to cash-in on the back-to-school season in 2018.
Will Reliance Entry Hurt Amazon, Walmart Presence in India?
by Zacks Equity Research
Amazon (AMZN) Walmart, Alibaba and eBay are likely to lose market share with the entry of Reliance in the Indian e-commerce market.
Will Walmart Pare Margin Woes With Solid E-Commerce Efforts?
by Zacks Equity Research
Walmart (WMT) is likely to benefit from aggressive e-commerce endeavors and solid comps growth. However, soft margins remain a concern.
How Will Rivals Tackle Amazon's Longest Ever Prime Day?
by Gourav Kanti Bagchi
With Amazon focused on its longest Prime Day, it is wise to evaluate its competitors' plans
Amazon Plans on Publishing Toy Catalog, Focuses on Toy Retail
by Zacks Equity Research
Amazon (AMZN) plans on handing out toy catalogs for the coming holiday season. This is likely to boost its toy sales.