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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.
FDIC Passes Final Rule, Raises Rivalry for Traditional Banks
by Radhika Saraogi
With the approval of final rule by FDIC, traditional banks are likely to face competition from Fintechs and other tech giants like Amazon (AMZN), Facebook (FB), Walmart (WMT), as they are likely to the grab opportunity and enter the banking space.
Buy Shopify Stock for 2021 As Long-Term E-Commerce Play?
by Benjamin Rains
One clear coronavirus standout and surefire long-term winner is e-commerce. Does that mean it's time to buy Shopify (SHOP) stock for 2021?
Can Microsoft (MSFT) Help FAAMG Surpass FAANG in 2021?
by Radhika Pujara
Microsoft (MSFT) is an all-rounder with encouraging prospects across cloud computing, gaming, enterprise communication and PC markets, which is expected to drive overall FAAMG group in 2021.
Walmart (WMT) To Host Livestream Shopping Event With TikTok
by Zacks Equity Research
Walmart (WMT) believes that the livestream event will grant a new way to interact with users, while reaching potential consumers.
Walmart (WMT) Down 2.5% 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.
Five Below-Instacart Partnership to Boost Delivery Services
by Zacks Equity Research
Five Below (FIVE) recently announces its partnership with Instacart to expedite delivery services to consumers. This is likely to boost sales.
November Retail Sales Spiral Down: Here's What You Should Know
by Sumit Singh
U.S. retail sales declined for a second successive month in November, thereby pointing to a sluggish start to the holiday shopping season.
Costco (COST) Poised to Tap Rising Demand Amid COVID-19
by Zacks Equity Research
Costco (COST) has been rapidly adopting the omni-channel mantra to provide a seamless shopping experience, whether online or at stores. E-commerce comparable sales soar 71.3% during the month of November.
The Zacks Analyst Blog Highlights: Apple, NIKE, Salesforce, Microsoft and Walmart
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, NIKE, Salesforce, Microsoft and Walmart
Buy FedEx Stock for Continued E-Commerce Growth in 2021?
by Benjamin Rains
FedEx, which is set to release its Q2 FY21 financial results on Thursday, December 17, has soared 125% in the past six months to crush its industry's 40% climb and the S&P 500's 20%...
5 Blue-Chip Stocks in Focus With More Than 20% Returns YTD
by Nalak Das
We have narrowed down our search to five Dow stocks that have popped more than 20% year to date. These are AAPL, NKE, CRM, MSFT and WMT.
NextEra Energy (NEE) Arm Buys eIQ Mobility, Enters Mobility Space
by Zacks Equity Research
NextEra Energy's (NEE) arm NextEra Energy Resources buys eIQ Mobility, marking its entry into the rapidly expanding electric mobility space.
Coupa Software (COUP) Q3 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Coupa Software's (COUP) third-quarter fiscal 2021 results benefit from continued strength in adoption of the company's solutions including Business Spend Management and Coupa Pay.
Amazon (AMZN) Oklahoma Fulfillment Center to Add 500 Jobs
by Zacks Equity Research
Amazon's (AMZN) plans for a fulfilment center in Oklahoma City reflects its growing investments in Oklahoma.
Walmart (WMT) Offers Bonuses, Supports Workers Amid Pandemic
by Vidya Nair
Walmart (WMT) awards its U.S.-based associates with cash bonuses of more than $700 million.
Here's Why You Should Retain Murphy USA (MUSA) Stock for Now
by Zacks Equity Research
Murphy USA's (MUSA) strong operational efficiency and a number of tailwinds will allow the stock to realize a sustainable EBITDA worth above $500 million next year.
Zacks Earnings Trends Highlights: Target, Walmart, Home Depot and Lowe's
by Zacks Equity Research
Zacks Earnings Trends Highlights: Target, Walmart, Home Depot and Lowe's
Last Look at the Q3 Earnings Season
by Sheraz Mian
The key takeaway from the Q3 earnings season is a steadily improving outlook, with estimates for the current and coming periods going up...
Last Look at the Q3 Earnings Season
by Sheraz Mian
The key takeaway from the Q3 earnings season is a steadily improving outlook, with estimates for the current and coming periods going up...
Buy Soaring Chewy Stock Before Q3 Earnings as E-Commerce Play?
by Benjamin Rains
Chewy (CHWY) is an e-commerce pet store that has expanded into telehealth and bolstered its pet medication offerings...
Amazon (AMZN) to Support Workers Amid Pandemic With Bonuses
by Zacks Equity Research
Amazon (AMZN) plans to give $500 million to its frontline workers as a holiday bonus by the end of this year.
Black Friday Turns Online This Year: 5 ETF Deals
by Sweta Killa
Due to the COVID-19 pandemic, more Americans have shifted to online shopping on Black Friday this year in order to avoid gatherings and maintain social distancing.
3 Blue Chip Stocks to Buy Heading into 2021
by Benjamin Rains
Investors might want to add stocks as we get closer and closer to 2021. And why not start with some large-cap names that provide exposure to growth industries, pay a dividend, and don't need a vaccine to help them...
Dow Tops 30,000: 5 Stocks Driving the ETF
by Sweta Killa
The Dow Jones topped the 30,000 milestone for the first time on vaccine optimism, and improving prospects for the smooth transition of President-elect Joe Biden to White House.
KR vs. WMT: Which Stock Is the Better Value Option?
by Zacks Equity Research
KR vs. WMT: Which Stock Is the Better Value Option?