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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.
How Important is India to Walmart's (WMT) Future?
by Afrasiab Mian
Walmart (WMT) is recognized as one of the giants in American retail, but how important could India be to the firm's operations in the future? Let's take a look.
Shaw Communications (SJR) Beats on Q3 Earnings & Revenues
by Zacks Equity Research
Shaw Communications' (SJR) earnings and revenues increase year over year, driven by solid growth in Wireless revenues.
Can Kroger Take on AMZN, WMT With Driverless Grocery Delivery?
by Sumit Singh
It's quite apparent that competition among grocery retailers is far from subsiding, and Kroger understands that. The company's partnership with Nuro will definitely prove to be game changer.
Investors Shouldn't Panic About Amazon's PillPack Purchase
by Benjamin Rains
Shares of pharmacy giants CVS (CVS), Rite Aid (RAD), and Walgreens Boots Alliance (WBA) all plummeted on Thursday morning after Amazon (AZMN) announced its purchase of online pharmacy delivery startup PillPack. The move clearly has some investors worried that Amazon's push into the pharmaceutical industry will hurt the current powers. So let's take a look at more of the details to find out what's really going on.
Amazon Ups Ante Against Walmart With School & College Stores
by Zacks Equity Research
Amazon (AMZN) unveils online stores for college and school students. This is likely to bolster e-commerce presence.
Implied Volatility Surging for Walmart (WMT) Stock Options
by Zacks Equity Research
Investors need to pay close attention to Walmart (WMT) stock based on the movements in the options market lately.
Amazon Roundup: Healthcare, Employment, Hub, Alexa, More
by Sejuti Banerjea
The highlights for this Amazon (AMZN) roundup include a new CEO to head up its health insurance initiative, its physical expansion, its apartment house pickup service Hub and new skills for Alexa.
Amazon Bolsters Presence in E-Book Space With Arabic Books
by Zacks Equity Research
Amazon (AMZN) introduces rich collection of Arabic books and makes it available for the Kindle readers worldwide.
Will Consumer ETFs Lose Momentum on Trump Tariffs?
by Sanghamitra Saha
Consumer ETFs may face problems on Trump Tariffs.
Amazon Prime Savings Now Available at All Whole Foods Stores
by Zacks Equity Research
Amazon's (AMZN) Prime membership is likely to get a boost with the recent announcement of availability of Prime savings across all Whole Foods stores.
Check Out This Week's Biggest IPOs Capping Off a Busy June
by Benjamin Rains
Headline worthy initial public offerings have been few and far between recently, and a few major tech companies have grabbed much of the IPO spotlight so far this year, including Spotify (SPOT) and Dropbox (DBX). With that said, June could end up being the busiest month for IPOs in a long time, and this week is packed once again.
Strategic Endeavors, Stellar Comps to Aid Costco's Top Line
by Zacks Equity Research
Costco (COST) continues to be one of the dominant retail wholesalers based on the breadth and quality of merchandise offered.
ETFs & Stocks to Win/Lose on SCOTUS Sales Tax Decision
by Sanghamitra Saha
The online retail stocks were hit hard on Jun 21, 2018 on the ruling of the U.S. Supreme Court on sales tax. This puts these ETFs in focus.
Stock Market News For Jun 22, 2018
by Zacks Equity Research
Markets closed sharply lower on Thursday, as trade was fears between the United States and China once again dented investors??? sentiments.
Retail War Takes New Turn: Will Sales Tax Hit E-commerce?
by Ritujay Ghosh
The Supreme Court ruling has been cheered by brick-and-mortar stores, which have been struggling to survive the e-commerce onslaught. This saw shares of traditional retailers jump immediately.
Should You Buy Grocery Stocks, WMT, COST, TGT, After Kroger's Strong Quarter?
by Benjamin Rains
Shares of Kroger (KR) surged over 10% on Thursday to inch near their 52-week high after the company posted better-than-expected quarterly results. Investors were also likely pleased to see that the grocery chain's e-commerce initiatives started to pay off. The question is should investors think about buying grocery stocks as Amazon-based (AMZN) fears seem to have been overblown.
Kroger's (KR) Q1 Earnings & Sales Beat Estimates, Stock Up
by Zacks Equity Research
Kroger (KR) has taken the stock of the situation and is expanding store base, introducing new items, digital coupons, and order online, pick up in store initiative.
Online Retailers Sink on SCOTUS Sales Tax Decision
by David Borun
The actual effect on e-commerce remains to be seen
Children's Place Banks on Digital Efforts to Beat Competition
by Zacks Equity Research
The Children's Place (PLCE) is taking steps not only to gain traction in the U.S. market but also expand globally.
Alphabet Roundup: JD Investment, Carrefour Partnership, Waymo
by Sejuti Banerjea
Alphabet's (GOOGL) JD.com (JD) investment, its Carrefour partnership and the completion of testing for Waymo's taxi service were the top stories from last week.
Top Research Reports for UnitedHealth, Walmart & AT&T
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth (UNH), Walmart (WMT) and AT&T (T).
Why Did JD.com (JD) Stock Open Higher Today?
by Ryan McQueeney
Shares of JD.com (JD) opened sharply higher on Monday morning after Alphabet's (GOOGL) Google announced a strategic partnership with the Chinese e-commerce giant that will include a $550 million investment from the search giant.
Google Plans to Invest in JD.Com, Ups Game Against Amazon
by Zacks Equity Research
Alphabet's (GOOGL) Google is set to invest in JD.Com to acquire a minority stake in it. This will bolster its presence in online retail market.
One Year After Amazon Bought Whole Foods, Who's Winning the Grocery War?
by Benjamin Rains
Amazon (AMZN) might have forever changed the grocery industry exactly one year ago when the e-commerce giant bought Whole Foods for roughly $14 billion on June 16, 2017. Today, grocery delivery is commonplace across the entire industry.
Target (TGT) Continues Same-Day Delivery War with WMT & AMZN
by Zacks Equity Research
Target (TGT) is trying to gain customers by coming up with new service offerings. The company is going the extra mile to provide the same-day delivery option to customers.