Jeff Bezos is getting married this weekend. The Amazon founder has spared no expense, reportedly buying out much of the luxury accommodations in Venice, Italy, for his wedding to Lauren Sanchez.
Walmart Inc. (NYSE: WMT) wants to speed up the pace at which it can deliver to customers who order online.
Walmart is reportedly testing the use of dark stores to provide faster delivery to customers. [contact-form-7] The company has opened a dark store in Dallas, plans to add one in Bentonville, Arkansas, and is considering adding more locations, Bloomberg reported Tuesday (June 24), citing unnamed sources.
Retailers are racing to snag e-commerce sales in rural America.
Zacks.com users have recently been watching Walmart (WMT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Walmart has agreed to settle a government claim that it ignores scammers within its money-transfer system. [contact-form-7] The retail giant will pay $10 million to settle the charges by the Federal Trade Commission (FTC), the regulator announced Friday (June 20).
Walmart is spending billions on a new headquarters as it takes on digitally native rivals. [contact-form-7] The new base of operations, The New York Times (NYT) reported Saturday (June 21), is designed to attract talent and update Walmart's core philosophy.
WMT's tech-driven growth and strong returns give it the edge over TJX's global expansion and off-price appeal in 2025.
WMT's U.S. comps growth of 4.5% in the first quarter shows strength in essentials, e-commerce and private brands despite headwinds.
Walmart reportedly aims to enable consumers to make purchases through TV remotes and interfaces while they are watching TV shows. [contact-form-7] This plan is one of several that the retailer is working on after its $2.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
With FAANG a little dated, the Magnificent Seven struggling, and markets deeply uncertain, these high-multiple retail powerhouses get their own acronym.