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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.
What Do Private-Label Brands Mean for the Future of Retail?
by Madeleine Johnson
On this week's episode of Shopping for Stocks, host and Zacks Editor Maddy Johnson discussed the retail strategy of private-label brands, and the companies who utilize them.
Walmart to Roll Out Private-Label Brand to Take on Amazon
by Zacks Equity Research
Walmart (WMT), through its online arm Jet.com, is rolling out its low-priced private-label brand to target younger generation and boost revenues.
Jet.com's New Private Label Grocery Brand is Walmart's Latest Hit on Amazon
by Madeleine Johnson
Walmart and Amazon have steadily become arch-rivals since Walmart acquired Jet.com, and even more so once Amazon completed its purchase of upscale organic grocer Whole Foods Market. But according to a New York Post report, Jet is preparing to launch its very first private-label grocery brand, most certainly a response from Walmart now that Whole Foods??? popular 365 brand is available through AmazonFresh.
What is Troubling Office Depot? Are the Remedies Sufficient?
by Zacks Equity Research
Office Depot (ODP) has undertaken a strategic review of business operating model, growth prospects and cost structure to bring itself back on the growth trajectory.
Zacks Market Edge Highlights: RH, TJX Companies, Walmart, Nordstrom and Ulta Beauty
by Zacks Equity Research
Zacks Market Edge Highlights: RH, TJX Companies, Walmart, Nordstrom and Ulta Beauty
Walmart (WMT) On Track with E-Commerce Expansion Initiatives
by Zacks Equity Research
Walmart enjoys strong growth potential along with compelling fundamentals and has been making efforts to understand the evolving needs of customers and drive traffic in both at stores and online.
What FTC's Curtail on RAD Store Purchase Means for Walgreens?
by Zacks Equity Research
Walgreens' (WBA) purchase of lesser number of Rite Aid stores upsets investors. Let's draw an insight from this.
How to Invest in the Retail Innovators
by Tracey Ryniec
Tracey and Maddy discuss the retailers who are going out on a limb and taking chances.
Target (TGT) Hikes Minimum Hourly Wage, Reiterates Guidance
by Zacks Equity Research
Target (TGT) announced plans to increase the minimum hourly wages of its team members to $11 an hour. The company also reiterated its upcoming third quarter and full-year guidance.
The Zacks Analyst Blog Highlights: Target, Walmart, Costco, Amazon and Gap
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Walmart, Costco, Amazon and Gap
Target is Raising Its Minimum Wage to $15 By 2020: Will Other Retailers Follow?
by Madeleine Johnson
On Monday, big box leader and cheap chic extraordinaire Target Corp. (TGT) announced that it will be upping its minimum hourly wage over the next few years, increasing it to $11 starting next month and committing to $15 by the end of 2020.
Walmart (WMT) Tests Direct-to-Fridge Online Grocery Delivery
by Zacks Equity Research
Walmart (WMT) has been aggressively trying to expand in the online grocery shopping and delivery market. However, huge investments involved in it pressurize margins.
Amazon, Walmart & Target Each Just Stepped Up Their Own Delivery Game
by Madeleine Johnson
On Friday, reports surfaced about three of America's biggest retailers that detailed each was making further headway into the ultra-competitive online delivery space.
Walmart to Operate in Holiday Season Without Seasonal Staff
by Zacks Equity Research
Walmart (WMT) has planned to offer extra working hours to its existing employees during the holiday season, instead of hiring seasonal and temporary employees.
Walmart to Enable Online Ordering for Food Stamp Recipients
by Zacks Equity Research
Walmart (WMT) will entitle customers to order food online and pay with food stamps.
From Amazon to Wal-Mart, Retailers Gear Up for the Holidays
by Zacks Equity Research
With the holiday season approaching, retailers are gearing up for the busiest part of the year and it goes without saying that competition will be tough.
Kroger Takes Quite a Hammering: Down 38% YTD on Retail Woes
by Zacks Equity Research
In order to stay in the race, Kroger (KR) has to revisit strategies and prepare itself for more aggressive price war ahead at the cost of margins.
Target's (TGT) Holiday Season Strategy Sends Stock to Six-Month High
by Benjamin Rains
Retailers are already gearing up for the vitally important holiday season, perhaps none more so than Target (TGT). The company has already been busy, but here is everything investors and shoppers need to know about Target's recent moves, as the company prepares to do retail battle over the next four months.
Nordstrom (JWN) Stock Gains 10%: Will it Go Private Soon?
by Zacks Equity Research
Nordstrom's (JWN) family, which was planning to take the company private is in talks with Leonard Green to help fund the transaction.
Will Target's (TGT) Strategies Help Counter Competition?
by Zacks Equity Research
Target (TGT) is trying all means to rapidly adapt to the changes in the retail ecosystem that just witnessed Whole Foods Market's buyout by Amazon.
Target (TGT) Shares Slip on Thousands of New Price Cuts
by Madeleine Johnson
On Friday, shares of big box giant Target Corp. (TGT) are slipping, down over 2% in afternoon trading on the heels of the company???s new initiative to get more customers shopping at its stores and on its website.
Kroger (KR) Q2 Earnings Miss, Sales Beat, Guidance Intact
by Zacks Equity Research
Kroger's (KR) shares came under pressure, after the news of Whole Foods Market's buyout by Amazon surfaced.
Is Wal-Mart Stores (WMT) a Great Stock for Value Investors?
by Zacks Equity Research
Is Wal-Mart Stores (WMT) a great pick from the value investor's perspective right now? Read on to know more.
Walmart (WMT) Gears Up for the Holidays With Layaway Program
by Zacks Equity Research
Walmart (WMT) is leaving no stone unturned to attract holiday shoppers with the best deals this year in the holiday layaway program.
The Zacks Analyst Blog Highlights: Amazon.com, Best Buy, Macy's, Target and Wal-Mart Stores
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon.com, Best Buy, Macy's, Target and Wal-Mart Stores