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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.
The Zacks Analyst Blog Highlights: Walmart, Kroger, Albertsons, Amazon and DoorDash
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Walmart, Kroger, Albertsons, Amazon and DoorDash
Kroger (KR) Launches Delivery Now Tool to Lure Customers
by Zacks Equity Research
Kroger (KR) expands its relationship with Instacart to offer quick and convenient delivery nationwide via Kroger Delivery Now service from its virtual convenience store.
Rush for Speedy Deliveries Continue, Retailers Up their Game
by Vidya Nair
Grocery retailers like Kroger (KR), Walmart (WMT) and Albertsons (ACI) are bolstering their e-commerce capabilities with solutions like deliveries in less than an hour and drone services.
Retailers Prep for Early Holiday Shopping Amid Supply Chain Woes
by Sumit Singh
Challenges might persist but retailers are finding innovative ways to make the most of the holiday shopping season.
Walmart's (WMT) Sam's Club Takes Minimum Wage Up to $15
by Zacks Equity Research
Amid a tough labor market, Walmart's (WMT) Sam's Club is increasing its minimum wage to $15 per hour, per media sources.
Retail Hiring Amps Up on Hopes of Big Holiday Season Sales
by Sumit Singh
Gradual pick-up in economic activities with more people returning to their workplace, and record savings are likely to boost consumer spending activity this festive season.
DICK'S Sporting's (DKS) Holiday Hiring Plan Shows Promise
by Zacks Equity Research
DICK'S Sporting (DKS) sets out plans to hire 10,000 seasonal associates ahead of the holiday season, marking the highest hiring in the company history.
Best Buy (BBY) Gains Sheen on Strong Demand, Online Sales
by Zacks Equity Research
Best Buy (BBY) strives to meet rising demand for technology products and services through robust omni-channel offerings and efforts to boost assortments.
T-Mobile (TMUS) Partners With Walmart to Expand 5G Footprint
by Zacks Equity Research
The expansion into national retailers highlights T-Mobile's (TMUS) commitment to bring more wireless choice and competition across the country.
Kohl's (KSS) Unveils Hiring Plans to Manage Holiday Rush Well
by Zacks Equity Research
Kohl's (KSS) unveils plans to hire nearly 90,000 workers for the holiday season, to ensure an enjoyable shopping experience for customers.
Bear of the Day: Dollar Tree, Inc. (DLTR)
by Benjamin Rains
Wall Street dumped the stock after the discount retailer warned about supply-chain setbacks and rising costs possibly impacting its profits...
Costco (COST) Continues to Impress Investors With Sales Numbers
by Zacks Equity Research
Costco's (COST) better price management, decent membership trends and increasing penetration of the e-commerce business have been contributing to its upbeat performance.
Kroger (KR) Beats on Q2 Earnings & Sales, Raises FY21 View
by Zacks Equity Research
Kroger (KR) reports better-than-expected second-quarter fiscal 2021 results. The quarter reflects significant investments to enhance product freshness and quality, and expand digital capabilities.
Amazon (AMZN) Boosts Cashierless Efforts With Whole Foods Plan
by Zacks Equity Research
Amazon (AMZN) is set to bring the Just Walk Out technology to two upcoming Whole Foods locations.
4 Stocks to Buy on a Booming Online Grocery Market
by Ritujay Ghosh
Online grocery purchase has been gaining traction since the onset of the pandemic, which is helping stocks like Celsius Holdings (CELH), J & J Snack Foods (JJSF) and SunOpta (STKL).
Here's Why Hold is an Apt Strategy for Murphy USA (MUSA) Now
by Zacks Equity Research
Murphy USA's (MUSA) unique high-volume, affordable business model aids in sustaining strong profitability levels despite operating on a severely competitive retail landscape.
Has Walmart (WMT) Outpaced Other Retail-Wholesale Stocks This Year?
by Zacks Equity Research
Is (WMT) Outperforming Other Retail-Wholesale Stocks This Year?
Casey's (CASY) Q1 Earnings Surpass Estimates, Revenues Up Y/Y
by Zacks Equity Research
Casey's (CASY) first-quarter results reflect increased penetration of private label products and improved guest traffic. Revenues rose 51.2% year over year.
Amazon (AMZN) Boosts Reach to Farmers With Kisan Store Launch
by Zacks Equity Research
Amazon (AMZN) unveils Kisan Store to offer farming products online to farmers.
Bet on These 5 Low-Beta Stocks to Combat Market Volatility
by Nilanjan Banerjee
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. REGN, CAJ, COG, EXC & WMT are well poised to gain.
Earnings Growth & Price Strength Make Walmart (WMT) a Stock to Watch
by Zacks Equity Research
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
Walmart's (WMT) Wage Hike Depicts Focus on Rewarding Workers
by Zacks Equity Research
Walmart (WMT) is increasing wages of more than 565,000 of its U.S. store workers, as revealed by media reports. The raise of at least $1 per hour is to take effect from Sep 25.
American Eagle (AEO) Q2 Earnings Beat Estimates, Revenues Lag
by Zacks Equity Research
American Eagle (AEO) Q2 results reflect gains from a solid demand, strength in the Aerie brand and several growth efforts.
Ollie's Bargain (OLLI) Unveils Hiring Plan for Holiday Season
by Zacks Equity Research
Ollie's Bargain (OLLI) plans to recruit more than 3,000 associates through its nationwide hiring event.
Kroger (KR) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Kroger (KR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.