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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.
Stocks Slip During a Holiday-Shortened Week
by David Borun
Covid-19 vaccine development stumbles shake up fears about frothy equity valuations.
Buy Soaring FedEx Stock Before Earnings on E-Commerce Boom?
by Benjamin Rains
FedEx (FDX) shares have skyrocketed 135% in the last six months and 65% since it topped Q4 FY20 estimates on June 30, which blows away UPS and Amazon...
Focus on Amazon's Reliance Offer: Indian Retail Game Levels Up
by Shilpa Mete
Amazon (AMZN) gets an offer to acquire 40% stake in Reliance Retail, which is likely to intensify competition for other overseas players like Walmart, eBay and Facebook.
Walmart (WMT) Ups Delivery Game, Pilots Drones With Flytrex
by Zacks Equity Research
Walmart (WMT) is testing drone delivery with Flytrex. The pilot, which launched in Fayetteville, focuses on delivering certain essential items from Walmart's stores to customers.
Walmart (WMT) Looks Appealing on Solid Digitization Endeavors
by Zacks Equity Research
Walmart (WMT) is gaining from strong online sales. Also, it is directing resources toward boosting omni-channel services.
4 Factors That Make Helen of Troy (HELE) a Promising Stock
by Zacks Equity Research
Helen of Troy (HELE) is gaining on digital efforts and strength in Leadership Brands. The company's Health & Home segment is benefiting from pandemic-led demand.
Amazon Acquires Boeing 767 Cargo Plane, Expands Air Fleet
by Zacks Equity Research
Amazon's (AMZN) recent acquisition of a Boeing 767 cargo plane will help enhance its delivery system.
Target to Add 600 Items to Good & Gather Brand This Fall
by Zacks Equity Research
Target (TGT) is on track to add over 600 items within its Good & Gather brand this fall. This also includes the Signature line featuring 60 premium products.
The Zacks Analyst Blog Highlights: Walmart, Roche and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Walmart, Roche and Chevron
E-Commerce Driving Retail Sales: 5 Solid Stocks to Buy
by Ritujay Ghosh
In second-quarter 2020, retail e-commerce sales in the country grew 31.8% from the previous quarter.
Amazon Ups Digital Payment Game in India: Should Others Worry?
by Shilpa Mete
Amazon (AMZN) intensifies competition in digital payment market of India with the inclusion of motor insurance and gold investment offerings in Amazon Pay.
Crocs, Illumina, Microsoft, Walmart and Oracle highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Crocs, Illumina, Microsoft, Walmart and Oracle highlighted as Zacks Bull and Bear of the Day
Casey's New Curbside Option to Boost Shopping Experience
by Zacks Equity Research
Casey's (CASY) recent launch of curbside-pickup option boosts customers' shopping experience.
Amazon's Online-Only Whole Foods Store Boosts Grocery Drive
by Zacks Equity Research
Amazon (AMZN) opens delivery-only whole Foods store in Brooklyn, NY to capitalise on the growth opportunities present in the online grocery shopping space.
Company News for Sep 2, 2020
by Zacks Equity Research
Companies In The News Are: WMT, ZM, AAPL, TSLA.
Walmart (WMT) Looks Good: Stock Adds 6.3% in Session
by Zacks Equity Research
Walmart (WMT) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
Is TikTok Worth The Price?
by Daniel Laboe
Washington is calling on Silicon Valley to bring this Beijing-based social media giant to the homeland
Top Stock Reports for Walmart, Roche & Chevron
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Walmart (WMT), Roche Holding (RHHBY) and Chevron (CVX).
Walmart to Roll Out New Subscription Service Called Walmart+
by Zacks Equity Research
Walmart (WMT) to launch a subscription-based program Walmart+ that will offer services like unlimited free delivery for $98 per year on Sep 15.
Amazon (AMZN) Boosts Its Retail Focus With New Grocery Store
by Zacks Equity Research
Amazon (AMZN) fuels the grocery retail rivalry by opening a grocery store called Amazon Fresh.
Dow Jones Turns Positive for 2020: 7 Stocks Driving ETFs
by Sanghamitra Saha
The Dow Jones turned positive for the year 2020. Seven stocks drove the index and the related ETFs higher.
More new Highs and the Best August in 36 Years
by David Borun
A change in Fed policy helps
Walmart Ups Digital Game: Teams Up With Microsoft for TikTok
by Zacks Equity Research
Walmart (WMT) is joining hands with Microsoft for a potential deal to acquire TikTok's U.S. business.
Murphy USA's Bull Run on the Bourse Continues: Let's Explore
by Zacks Equity Research
Murphy USA (MUSA) exits the second quarter of 2020 with cash and cash equivalents worth $403.6 million, reflecting a 101.5% rise from the year-ago level.
E-commerce Salvaging Retailers Amid Pandemic: 4 Winners
by Ritujay Ghosh
Online shopping, which till sometime ago accounted for a negligible percentage of total U.S. retail sales, has seen a surge over the past few months.