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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.
Walmart (WMT) Unveils New Fintech Startup With Ribbit Capital
by Zacks Equity Research
Walmart (WMT), in alliance with Ribbit Capital, unveils a new fintech startup. The new venture will offer tech-driven financial solutions suited for the company's customers and workers.
ODP's Shares Rise Sharply on Staples' Takeover Offer
by Zacks Equity Research
Industry experts cited that the current proposal would help consolidate Staples and ODP Corporation's (ODP) position in the office-supplies space.
Bull of the Day: Target (TGT)
by Benjamin Rains
Retail behemoth Target (TGT) has surged to new records to start 2021...
Amazon (AMZN) Stops Pantry Program to Boost Grocery Retail Plans
by Zacks Equity Research
Amazon (AMZN) discontinues Amazon Pantry and makes several pantry products available on the main e-commerce site.
L Brands (LB) Posts Sturdy Holiday Sales, Comps Tick Up 5%
by Zacks Equity Research
L Brands (LB) continues to revamp business by staying customer-focused, enriching assortments, and enhancing store and online experiences.
Green Dot Corporation (GDOT) Announces Launch of Mobile Bank
by Zacks Equity Research
Green Dot (GDOT) claims that GO2bank is a secure, seamless and affordable mobile banking solution.
Walmart (WMT) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Walmart (WMT) closed at $146.66 in the latest trading session, marking a +0.62% move from the prior day.
Shopify's (SHOP) Momentum Likely to Continue in 2021: Here's Why
by Zacks Equity Research
Shopify (SHOP) stock is likely to continue the upward momentum as the coronavirus-led movement restrictions and social distancing requirements fuel demand for e-commerce services.
Tiffany (TIF) Sparkles in Holiday Season, Posts Record Sales
by Zacks Equity Research
Tiffany's (TIF) strong sales in Mainland China and sturdy e-commerce business help post record holiday sales.
Amazon (AMZN) Expands Air Fleet With 11 Boeing Aircraft Purchase
by Zacks Equity Research
Amazon (AMZN) purchases 11 used Boeing 767-300 aircraft, which will help it enhance its delivery system.
3 Top Retail Stocks to Buy in 2021
by Benjamin Rains
Explore 3 highly ranked retail stocks that investors might want to consider buying this year that are not banking on a vaccine to help return the economy to normal anytime soon...
3 Stocks to Ride the Contactless Payment and Delivery Wave
by Shalu Saraf
We discuss three stocks, KR, GPN, WMT, which are poised to perform well on growing digitization like contactless payment and deliveries.
Bull of the Day: Shopify Inc. (SHOP)
by Benjamin Rains
Investors who missed out on Shopify's ride last year shouldn't be discouraged because the e-commerce age is just getting started...
Walmart (WMT) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Walmart (WMT) closed at $144.18, marking a -0.08% move from the previous day.
The Zacks Analyst Blog Highlights: Amazon, Apple, Walmart and Teladoc
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Apple, Walmart and Teladoc
4 Stocks That Are Disrupting the Healthcare Sector
by Sapna Bagaria
The invasion of retailers and high-tech players in the healthcare are redefining age-old practices, thus bringing in changes that are here to last.
Top 5 Dow Stocks That Helped the Index Gain in 2020
by Suranjana Roy
Despite COVID- induced uncertainties, Microsoft (MSFT), Goldman Sachs (GS), NIKE (NKE), Walmart (WMT) and Caterpillar (CAT) scale the Dow index in 2020 and are likely to outshine their rivals in 2021 on the back of healthy dynamics.
Holiday Sales Advance 3%, Online Shopping Gains Precedence
by Sumit Singh
Retailers geared up for an unusual and an expanded festive season by undertaking steps to provide a seamless shopping experience, predominately online.
Walmart (WMT) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Walmart (WMT) closed at $143.22, marking a -0.68% move from the previous day.
The Zacks Analyst Blog Highlights: AMZN, WMT, UNH, MS and GSK
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AMZN, WMT, UNH, MS and GSK
Amazon (AMZN) Carencro Fulfillment Center to Add Above 500 Jobs
by Zacks Equity Research
Amazon (AMZN) intends to strengthen its e-commerce business by establishing the first fulfilment center in Carencro, LA.
Top Research Reports for Amazon, Walmart & UnitedHealth
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Amazon.com (AMZN), Walmart (WMT) and UnitedHealth Group (UNH).
Steel Dynamics, Intuit, Amazon, Walmart and Target as Zacks Bull and Bear of the Day
by Zacks Equity Research
Steel Dynamics, Intuit, Amazon, Walmart and Target as Zacks Bull and Bear of the Day
Walmart (WMT) Unveils Returns Service Called Carrier Pickup by FedEx
by Zacks Equity Research
Walmart (WMT) announces that customers can now initiate returns for products purchased online via its new service called Carrier Pickup by FedEx.
Kroger (KR)-Blackhawk Alliance to Boost Shopping Experience
by Zacks Equity Research
Kroger's (KR) collaboration with Blackhawk Network allows customers to add gift cards for curbside pickup, together with their grocery items at its 1,900 outlets nationwide.