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Tag: Wal-Mart


Industries, Retail & Wholesale

Goldman downgrades Wal-Mart on valuation after stunning stock rally this year

November 20, 2017

Via: CNBC

Most of the upside for Wal-Mart’s stock is now behind it after its big run this year, according to Goldman Sachs. The firm on Monday lowered its rating for Wal-Mart shares to neutral from buy, citing valuation. In a note […]


Industries, Retail & Wholesale

These Are America’s Favorite Retailers

March 1, 2017

Via: Time

Amazon and Trader Joe’s are America’s favorite retailers, according to a new survey. The e-commerce company and grocery chain each received a a score of 86 out of 100 in the latest American Customer Satisfaction Index, which was released on […]


Industries, Retail & Wholesale

Wal-Mart’s Comparable Sales Hurt by Falling Food Prices

November 17, 2016

Via: The New York Times

Wal-Mart Stores Inc on Thursday reported lower-than-expected quarterly sales at established U.S. stores, hurt by declining food prices and unseasonably warm weather, and its shares fell nearly 3 percent. Investors shrugged off earnings that slightly exceeded analysts’ estimates. Wal-Mart, the […]


Industries, Retail & Wholesale

Wal-Mart’s Mexico Unit Is Selling Its Apparel Chain for $852 Million

August 11, 2016

Via: Fortune

Wal-Mart Stores’s Mexican unit said on Wednesday it has agreed to sell its Suburbia clothing chain to El Puerto De Liverpool for about $852 million as the world’s largest retailer streamlines operations in its largest non-U.S. market. Wal-Mart De Mexico […]


Industries, Retail & Wholesale

Walmart Officially Bought This Amazon Rival for $3.3 Billion

August 9, 2016

Via: Time

Wal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. Wal-Mart is paying $3 billion in cash and another $300 million […]


Industries, Retail & Wholesale

Walmart and 4 Other Rare Retailers That Arent Floundering Right Now

May 20, 2016

Via: Time

The first quarter of 2016 has been a “bloodbath” for a wide range of major retailers, with poor sales leading to plunging stock prices. The long list of struggling stores includes J.C. Penney, Macy’s, Gap, Target, Kohl’s, Dillards, and Nordstrom, […]


Finance Tech, Trading

These 3 stocks have lost $192 billion this year

November 24, 2015

Via: CNBC

With serious slides on the year, three giant companies have seen their combined market value diminish by nearly a fifth of a trillion dollars in 2015. Out of all the S&P 500 companies, the one that has lost the most […]


Retail & Wholesale

Wal-Mart pulls an Amazon, announces its own drone delivery test program

October 27, 2015

Via: itCurated

Source photo Wal-Mart Stores Inc. WMT, -0.48% intends to test drones for package delivery and pickup and for checking warehouse inventories. The retailer submitted an application Monday to U.S. regulators for permission to test drones outdoors, following in Amazon’s footsteps. […]


Retail & Wholesale

Wal-Mart setting up for hundreds of job cuts at its headquarters

October 1, 2015

Via: itCurated

Wal-Mart Stores Inc. is preparing a round of layoffs as early as Friday that would affect hundreds of employees at its Bentonville, Ark., headquarters, according to people familiar with the situation. Human resources employees have reserved many of the meeting […]