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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.
Is Going Cashier Less the New Winning Strategy in Retail?
by Ritujay Ghosh
Reportedly, Microsoft (MSFT) is working on a technology to eliminate the role of a cashier and is in talks with retailers, including Walmart, Inc. (WMT).
Target Hikes Dividend: 3 More Things That May Arouse Interest
by Zacks Equity Research
Target (TGT) has for long been coming up with offers to drive customer count.
Amazon Extends Ties With Sears, Bolsters Retail Presence
by Zacks Equity Research
Amazon's (AMZN) expands partnership with Sears which will aid it in improving services and enriching customer experience.
Google Collaborates With Carrefour, Focuses on Retail Sector
by Zacks Equity Research
Alphabet's (GOOGL) division Google is likely to gain competitive edge against Amazon with the help of its recent partnership with Carrefour.
Costco's (COST) Solid Comps Run Helps Lift Stock 10% YTD
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.
Delivery Race Heats Up: Target (TGT) Ups the Ante
by Ritujay Ghosh
Target Corporation (TGT) is more than halfway through its rollout of same-day delivery with Shipt and the launch of curbside pickup service Drive Up.
Why Costco (COST) Stock Hit A New High Thursday
by Benjamin Rains
Costco (COST) saw its stock price close up 2.48% on Thursday, touching a new all-time high of $202.88 per share after the company released strong May sales numbers. Let's dive into some of the details that impressed investors as Costco counties to prove its strength against the likes of Walmart (WMT) and Amazon (AMZN).
Target to Launch Same-Day Delivery in Chicago via Shipt
by Zacks Equity Research
Target (TGT) is going the extra mile to deliver seamless, same-day shopping experience to customers.
What's Behind Walmart Shedding 80% Stake in Brazil Business
by Zacks Equity Research
Walmart (WMT) unveils an agreement to divest 80% stake in its Brazil business to Advent International. The deal is expected to conclude later this year.
Iconix Key Growth Catalysts: Offshore Unit & Cost Savings
by Zacks Equity Research
Iconix (ICON) delivers impressive performance, courtesy of its international business. However, the struggle with weak Men's and Home segments continue.
Costco's (COST) Q3 Earnings & Sales Beat Estimates, Up Y/Y
by Zacks Equity Research
With the wave of digital transformation hitting the sector, Costco (COST) is fast adopting the omni-channel mantra to provide a seamless shopping experience.
Amazon (AMZN) Extends Prime Benefits to Whole Foods Stores
by Zacks Equity Research
Amazon's (AMZN) Prime members are now able to avail Prime discounts at an additional 121 Whole Foods stores, which is likely to drive the subscriber base of the company.
Zacks Investment Ideas feature highlights: Macy???s, Wal-Mart, Amazon and Home Depot
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Macy???s, Wal-Mart, Amazon and Home Depot
Can the Sunshine for Retail Stocks Continue?
by Sheraz Mian
The Retail sector has outperformed the S&P 500 index.
Can Brick & Mortar Rise to Kroger's Online Game Challenge?
by Ritujay Ghosh
The race for supremacy seems to be heating up with more players adding muscle to their e-commerce and delivery arm with more acquisitions and technological assistance.
Zacks Earnings Trends Highlights: Target, Kohl???s and Wal-Mart
by Zacks Equity Research
Zacks Earnings Trends Highlights: Target, Kohl???s and Wal-Mart
Despite Q1 Earnings Miss, Target (TGT) Stock Still Looks Strong
by Benjamin Rains
Shares of Target (TGT) tumbled over 5.5% on Wednesday after the retail giant reported lower-than-expected first quarter earnings. This seems like a bit of an overreaction, which means investors might want to take a look at Target's current growth outlook and other fundamentals to see if they should consider buying Target stock.
TGT vs. WMT: Which Big Box Retail Stock Had Better Earnings?
by Taye Baldinazzo
Target (TGT) released its latest earnings report this morning, and with rival Walmart (WMT) reporting last week, investors now have a complete update on the big box retail behemoths.
Revisions Trend Fails to Impress
by Sheraz Mian
While growth in Q1 has been very strong, analysts have been hesitant to raise their estimates for Q2.
Revisions Trend Fails to Impress
by Sheraz Mian
While growth in Q1 has been very strong, analysts have been hesitant to raise their estimates for Q2.
Some Traditional Retailers, Once Left For Dead, Are Roaring Back
by David Borun
These nimble comannies are facing the onnline threat head-on with innovative strategies
Is Walmart (WMT) Stock Cheap Right Now?
by Benjamin Rains
Shares of Walmart (WMT) opened higher on Monday just a few trading days after the company reported solid first-quarter earnings results. With that said, Walmart's stock price had sunk over the last few months, which means now might be a great time to consider buying the retail giant at a relatively cheap price.
Retail Earnings Roundup & Sports Gambling Stocks to Watch
by Ryan McQueeney
Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the latest earnings results from retail giants--including Home Depot, Macy's, Nordstrom, and Walmart--as well as the Supreme Court's sports gambling decision and which stocks to watch now.
Stock Market News For May 18, 2018
by Zacks Equity Research
U.S. stock markets ended lower on Thursday after President Donald Trump expressed doubts about the possibility of successful trade negotiations with China
Kroger Raises its Game Against AMZN & WMT With Ocado Deal
by Sumit Singh
"Shop anything, anytime and anywhere" is the new mantra U.S. supermarket chains are passionately following to provide consumers a seamless experience.