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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.
Market Indexes Shift Back Toward Bullishness
by Mark Vickery
Today, the Dow put in its best single-day performance in more than three months.
Top Analyst Reports for AT&T, Walmart & Cisco
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including AT&T (T), Walmart (WMT), and Cisco (CSCO).
Amazon's (AMZN) New Louisiana Facility to Add 1,000 Jobs
by Zacks Equity Research
Amazon (AMZN) intends to strengthen the e-commerce business with a new fulfilment center in Louisiana.
Markets Bouncing Back from Rough Friday
by Mark Vickery
The Dow now looks to break its four-day losing streak, trading up 215 points in today's pre-market. The Nasdaq, which has not fared quite as badly of late, is up 28 points while the S&P 500 is +17.
Should You Invest in the VanEck Vectors Retail ETF (RTH)?
by Zacks Equity Research
Sector ETF report for RTH
Walmart (WMT) Takes Forward Drone Deliveries, Invests in DroneUp
by Zacks Equity Research
After conducting a series of tests, Walmart (WMT) is investing in DroneUp to develop scalable last mile drone delivery solutions.
Walmart (WMT) Down 3.4% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Walmart (WMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Kroger (KR) Beats on Q1 Earnings & Sales, Lifts FY21 Guidance
by Zacks Equity Research
Kroger (KR) reports better-than-expected first-quarter fiscal 2021 results. The quarter reflects significant investments to enhance product freshness and quality, and expand digital capabilities.
Stock Market News for Jun 17, 2021
by Zacks Equity Research
U.S. stock markets closed lower on Wednesday as the U.S. Federal Reserve indicated potential rate hikes in 2023, and raised its inflation expectations.
Amazon's Physical Pharmacy Not a Grave Threat: 3 Stocks to Buy
by Urmimala Biswas
Investors should not lose optimism and continue to discover the enormous business opportunities this retail pharmacy- drug store industry holds. Here are three stocks, WMT, UNH, HLF, which you can grab now.
Retail Sales Take a Dip in May: Here's What Else You Should Know
by Sumit Singh
With large number of Americans being inoculated and resuming active social lifestyle, demand for travel, leisure and entertainment as well as dining out has risen.
Back-to-School Season to Boost Retail Sales: 5 Solid Picks
by Ritujay Ghosh
Back-to-school season is expected to give retail sales a major push, which is likely to see stocks like Target Corporation (TGT) and Walmart (WMT) benefiting.
Shopify (SHOP) Launches Shop Pay Installments in the U.S.
by Zacks Equity Research
With support from Affirm, Shopify (SHOP) launches Shop Pay Installments product in the United States.
Netflix (NFLX) Pushes Into E-Commerce With New Online Store
by Zacks Equity Research
Netflix (NFLX) expands revenue sources by adding direct online merchandising with the launch of Netflix.shop while the streaming giant witnesses decline in new streaming subscriber growth.
Retail Recovery Raises Hopes for Back-to-School Season: 5 Stocks to Buy
by Rajani Lohia
Improved traffic and consumer demand trends raise optimism for the back-to-school season. Dillard's (DDS), Zumiez (ZUMZ), L Brands (LB), Kohl's (KSS) and Sally Beauty (SBH) are promising bets.
Kroger (KR) Opens Ocado-Powered Fulfillment Center in Florida
by Zacks Equity Research
Kroger (KR) extends delivery services through its latest Customer Fulfillment Centers to offer shoppers a seamless experience.
How Store Initiatives Play Key Role for Dollar Tree (DLTR)
by Zacks Equity Research
Despite COVID-related costs and higher freight expenses, Dollar Tree (DLTR) remains well poised for growth on the back of its store optimization strategies and robust same-store sales.
Federal Realty (FRT) Boosts Portfolio With Buyouts, Stock Up
by Zacks Equity Research
Federal Realty's (FRT) recent acquisitions offer scope for value creation through redevelopment, merchandising and capital investment.
Target (TGT) Hikes Dividend: Here's What Else You Should Know
by Zacks Equity Research
Target (TGT) has time and again highlighted its commitment to enhancing shareholder value. The company hikes quarterly dividend by 32.4%.
Walmart (WMT) Boosts Membership Plan With Walmart+ Rx for less
by Zacks Equity Research
Walmart (WMT) adds Walmart+ Rx for less to its Walmart+ program. This will help members get incremental savings on the commonly prescribed medications.
Casey's (CASY) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Casey's (CASY) fourth-quarter results reflect digital engagements, expanded assortment of private brand products and momentum in prepared foods business. Revenues rose 31% year over year.
Kroger (KR) to Employ 10,000 Associates in a Hybrid Hiring Event
by Zacks Equity Research
Kroger (KR) is likely to hire 10,000 associates in an employment event on Jun 10. Also, it is investing an additional $350 million to raise hourly wage to $16, as part of its Restock Plan.
Amazon (AMZN) Announces Early Access to Many Prime Day Deals
by Zacks Equity Research
Amazon's (AMZN) early release of Prime Day deals is expected to drive its customer momentum and accelerate Prime Day sales.
Here's Why You Should Retain Green Dot (GDOT) Stock Now
by Zacks Equity Research
Green Dot's (GDOT) solid cash position enables it to invest in opportunities that hold true potential.
4 ETFs & Stocks to Buy This Summer From Top Sectors
by Sweta Killa
With summer kicking off, the U.S. stock market is nearing all-time highs and expectations are of its hitting new peaks.