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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.
Visa's (V) Digital Initiatives Gain on Checkout Expansion
by Zacks Equity Research
Visa Inc. (V) recently announced that it has reached a milestone by expanding Visa Checkout to more than 20 million enrolled accounts.
Are Retail Stocks a Buy as Border Tax Plan Loses Steam?
by Zacks Equity Research
As talks of a border adjustment tax plan gradually tones down amid low fanfare, it could provide the much needed impetus to the sector.
Costco (COST) Continues with Positive Comparable Sales Trend
by Zacks Equity Research
Costco (COST) has continued to post positive comparable-store sales (comps) so far this year.
Wal-Mart or Kroger: Which Retail Stock Is More Appealing?
by Zacks Equity Research
Let's try to ascertain which of these two key retailers -- Wal-Mart Stores, Inc. (WMT) or The Kroger Company (KR) -- presently make for a better investment option in face of the headwinds hampering the retail industry.
Will Blue Apron's Next Delivery Be An IPO?
by Madeleine Johnson
Blue Apron, the buzzed-about, New York-based meal-kit delivery service, has been growing rapidly since its debut in 2012. It recently selected investment bankers to lead its IPO, but will its IPO come this year?
What are the Headwinds Affecting Whole Foods' (WFM) Stock?
by Zacks Equity Research
Stiff competition, food price deflation, an aggressive promotional environment and waning store traffic are the primary headwinds plaguing Whole Foods (WFM).
Amazon Shuts Down Quidsi Resulting in 263 Lay-Offs
by Parth Panchal
On Wednesday, Amazon (AMZN) announced it will be shutting down its fourth largest acquisition, Quidsi. The story seems to have a bit more juice than you think.
Domino's (DPZ) Robot Delivery Expands to Europe
by Joseph Lu
Domino's Pizza Inc. (DPZ) is expanding its robot delivery service to Europe. The recognized world leader in pizza delivery is teaming up with the London-based startup, Starship Technologies, to deliver pizza in Germany and the Netherlands with robots.
Wal-Mart (WMT) Down 2% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
Wal-Mart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amazon (AMZN) Expands Prime Now 1-Hour Delivery to Milwaukee
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) Prime membership is getting bigger in the U.S. The latest city to get the one-hour delivery service is Milwaukee.
Wal-Mart's Vudu Launches Mobile Disc-to-Digital Service
by Zacks Equity Research
Wal-Mart Stores Inc.'s (WMT) video on demand unit, Vudu has rolled out its first mobile offering which will convert DVDs and Blu-rays into digital collection.
The Zacks Analyst Blog Highlights: Wal-Mart, UnitedHealth, Charter Communications, ExxonMobil and Caterpillar
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wal-Mart, UnitedHealth, Charter Communications, ExxonMobil and Caterpillar
Meredith Ups Earnings View: What More Should You Know?
by Zacks Equity Research
All these aided Meredith (MDP) to adopt a much more optimistic view about the company's performance in the near future.
Wal-Mart Launches New Venture to Boost e-Commerce Business
by Zacks Equity Research
Retail giant Wal-Mart Stores, Inc. (WMT) is planning to create a technology-startup incubator in California's Silicon Valley in order to boost the e-commerce business and enhance online shopping experience.
What Propelled Office Depot's Shares in Past Six Months?
by Zacks Equity Research
Office Depot (ODP) has undertaken a strategic review of its business operating model, growth prospects and cost structure to bring itself back on growth trajectory.
Top Research Reports for Wal-Mart, Charter & UnitedHealth
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Wal-Mart (WMT), UnitedHealth (UNH), and Charter Communications (CHTR).
Is Wal-Mart (WMT) a Threat to Amazon in e-Commerce Space?
by Zacks Equity Research
It seems that the retail giant Wal-Mart Stores, Inc. (WMT) is leaving no stone unturned to compete with brick-and-mortar rivals, especially e-commerce king Amazon.com Inc. (AMZN). In this regard, the company continues to make huge investments in e-commerce initiatives, including acquisitions.
Wal-Mart (WMT) Recalls Frozen Pizzas on Contamination Risk
by Zacks Equity Research
Retail giant Wal-Mart Stores Inc. (WMT) announced that it is recalling its most popular frozen pizzas on the grounds of contamination risk with listeria, per Reuters.
Dollar General Delivers Strong Q4 Earnings By Copying Wal-Mart
by Joseph Lu
Dollar General Corporation. (DG), the U.S discount retailer, delivered better-than-expected earnings in the fourth quarter of 2016 by following in the footstep of the America's largest retail giant, Wal-Mart (WMT).
Amazon Prime Now Includes Liquor Products to Its Cart
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) Prime membership is getting bigger and better in the U.S.
Can Wal-Mart's (WMT) Expansion Strategies Attract Investors?
by Zacks Equity Research
Wal-Mart Stores Inc. (WMT) attended the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference on Mar 14.
What's Aiding Costco (COST) to March Ahead of the Industry?
by Zacks Equity Research
Costco (COST) has exhibited an impressive run in the index over the past six months.
Shake Shack: The Surprise Loser From Winter Storm Stella?
by Joseph Lu
A blizzard is bringing more than a foot of snow to much of the Northeast on Tuesday, and while grocery chains like Wal-Mart (WMT) and Costco (COST) could benefit from the storm as people rush to stock up on supplies, restaurant chains will likely lose out on a day or two of business.
Amazon (AMZN) to Open Brick & Mortar Bookstore in Washington
by Zacks Equity Research
Amazon.com, Inc. is reportedly planning to open a brick-and-mortar bookstore in Bellevue, WA.
Dollar Tree's (DLTR) Solid Strategies on Track Amid Hurdles
by Zacks Equity Research
Dollar Tree (DLTR) looks well placed, given its solid long-term growth strategies.