Amazon set to pass Walmart in revenue for first time
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday. Walmart is projected to post quarterly revenue of $180 billion, when the retailer announces results on Feb. 20.
Walmart to cut jobs amid a changing retail landscape
Major changes are afoot behind-the-scenes at Walmart. The retailer is cutting hundreds of jobs and shuttering its North Carolina office.
Amazon and Walmart Focus on Revamping Malls
Walmart is expanding its real estate portfolio with a major acquisition. The retail giant has purchased Monroeville Mall near Pittsburgh for $34 million and plans to redevelop the site.
Walmart Stock Hits New All-Time Highs, Company Goes Shopping For
The life of shopping malls has transformed in recent years with big-box tenants going bankrupt and malls looking for new uses for their large real estate space, including new tenants, apartments and entertainment experiences like those from Netflix.
Investors Heavily Search Walmart Inc. (WMT): Here is What You Need to Know
Walmart (WMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Walmart reportedly cutting jobs as it refocuses on Bentonville headquarters
Some employees being asked to relocate as U.S.'s largest private employer builds up hubs in Arkansas and California
Walmart Cutting Hundreds of Jobs and Shifting Workers to HQ
Walmart is reportedly eliminating hundreds of positions as it moves employees to its main hubs. The job cuts coincide with the closure of one of the retail giant's offices in North Carolina, FOX Business reported Tuesday (Feb. 4), citing an internal memo sent to employees.
Walmart axing hundreds of jobs, closing offices as more white-collar workers asked to relocate
Walmart constructed a new 350-acre campus in Bentonville, Ark., where it opened office buildings last month.
Walmart to cut jobs, relocate some employees to main hubs
Walmart is trying to move most of its employees from smaller offices to its main hubs in Bentonville, Arkansas, as well as its office in Sunnyvale, California.
Walmart's latest acquisition is a shopping mall in Pennsylvania
Walmart has bought a mall in the Pittsburgh area. The purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.
Walmart: The Company's New Golden Age Should Continue
Walmart's strong performance in an inflationary environment has led to significant market share gains, robust earnings, and impressive digital sales growth. The retailer's strategic investments in e-commerce and automation are driving operational efficiencies and margin improvements, with 65% of stores to be automated by 2026. Walmart's conservative guidance and strong cash flow growth, including a 26% increase in free cash flow, suggest the stock remains undervalued despite recent gains.
