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WALMART RELATED NEWS See all Walmart Related News
Walmart Is #1 on the 2018 Fortune 500 List

That makes six years in a row....

Read on Fortune>
The New Arms Race In Retail: Convenience - OPINION

The new point of sale is wherever you are or wherever you want it to be, and it’s driven by a demand for convenience. Want us to deliver to you? No problems. Want to click and collect? You got it. Rather hit the store but not go near the checkout? Whateve...

Read on Forbes>
Amazon is making it harder and harder to quit Prime

The membership is one of the most important parts of the company's offerings, and Amazon takes great care to keep it competitive. Prime customers are Amazon's most frequent and valuable customers. CEO Jeff Bezos recently revealed that there were now more...

Read on SFGate>
Kroger teams with British online grocer to take on Amazon and Walmart

Kroger Co. is showing some fight. The largest U.S. grocery chain, battered by doubts that it can thrive as Amazon and Walmart siphon off food customers, took a big step on Thursday by teaming up with Ocado, a British online grocer known for automated w...

Read on LA Times>
Walmart beats on earnings and revenues as US e-commerce push pays off

Walmart on Thursday reported fiscal first-quarter earnings that beat expectations on the top and bottom lines, as its e-commerce business rebounded. After a disappointing e-commerce performance last quarter, Walmart said U.S. online sales grew 33 percent...

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Earnings Preview: What To Expect From Walmart On Thursday

Walmart Inc. is scheduled to release earnings before Thursday's open. Walmart hit a record high of $109.98/share in Q1 2018 and is currently trading near $84/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numb...

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‘Leery’ Customers Prompt Walmart to Shelve Self-Scanning Service

Walmart Inc. has ended a service where customers could ring up their own purchases, showing that old habits die hard even in the digital age. The retailer had offered its so-called “Mobile Scan & Go” technology in about 150 Walmart stores, after a succes...

Read on Bloomberg>
Walmart Earnings: More Signs It’s Fighting Hard on Pricing

There’s more evidence that Walmart continues to fight hard on the pricing front. The retailer was recently cheaper, on average, than fellow Barron’s Next 50 stock Amazon.com (AMZN) in 8 of 10 categories studied by Guggenheim...

Read on Barrons>
Walmart’s website is adding a Lord & Taylor section for premium fashion labels

Walmart announced its website was getting an overhaul back in April, and today, it will begin to roll out its new fashion shopping experience, divided into Walmart’s Everyday Brands and Premium Brands from Lord & Taylor for more expensive i...

Read on The Verge>
Amazon's US sales to match Walmart's within three years, JP Morgan predicts

Amazon's e-commerce empire is on track to match Walmart sales domestically within the next two to three years, according to J.P. Morgan. According to the bank's analysis, Amazon's U.S. gross merchandise volume (GMV) — a key industry metric measuring tota...

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Target cuts delivery fee by almost half, putting pressure on Walmart, Amazon

Target will cut its next day delivery fee nearly in half for household staples ranging from paper towels to peanut butter as it rolls the service out to shoppers nationwide. Starting this week, customers purchasing household staples through the discount...

Read on USA Today>
Amazon Go stores are coming to Chicago and San Francisco

The company is expanding its experimental Amazon Go store to the two US cities, but did not say when they would open. It has posted job listings for store managers in the cities on its own site, which were first noticed by the Seattle Times. Amazon conf...

Read on CNN Money>
Walmart is beating Amazon at its own game

Walmart's US e-commerce business has been growing faster than Amazon's. That trend briefly halted, but UBS analyst Michael Lasser estimates it has already resumed. Walmart's online grocery agenda is a key driver of its US e-commerce sales. ...

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The Walmart Enigma -- Investing In Successful Ventures Eludes Management - OPINION

My surprise at Walmart’s $16.6 Billion investment in Flipkart – India’s largest e-commerce retailer - is two-fold. First, Walmart’s presence in India is tiny – it has 21 forlorn stores in 8 states across this large country. The second is the amount of mon...

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Phasing out the checkout line: Retailers race to make shopping more seamless

Walmart has abandoned mobile scan-and-go shopping at its U.S. stores. Customers failed to embrace the new technology, created to help them save time by bypassing the checkout. With scan and go, customers scanned their own items while shopping and paid fo...

Read on CBC>
Amazon’s market share in India has grown in recent years as Walmart’s Flipkart has fallen

Amazon.com Inc.’s growing market share in India still poses a big challenge for Walmart, even with help from the biggest name in India’s e-commerce industry, Stifel analysts said Thursday. Analysts generally agree that, in the long term, Walmart’s WMT, ...

Read on Marketwatch>
March on Amazon HQ: Seattle housing activists demand ‘head tax’ on big business

Seattle’s South Lake Union neighborhood — a.k.a. Amazonia — is typically sleepy on the weekends without thousands of Amazon employees buzzing around. But that wasn’t the case Saturday; hundreds of affordable housing advocates marched across Amazon’s headq...

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Here's how much the typical worker makes at 15 retail companies, from Amazon to Walmart

While not all companies have yet to release this data, some have gotten the ball rolling — and the median worker pay is quite enlightening, especially for those in retail jobs. We took a look at the 2018 proxy statements released this year by Forbes 500...

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Why Walmart bought Flipkart — in five charts

On Wednesday, Walmart said it planned to acquire a 77 percent stake in India’s Flipkart for $16 billion, marking the beginning of its first real battle with Amazon in an emerging market. Wall Street investors did not react favorably to the move, sending W...

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SoftBank CEO Accidentally Announces That Walmart Has Beaten Amazon in the Battle to Buy Flipkart

This isn’t the way multibillion-dollar deals usually get announced. Hours before Walmart (wmt, -3.95%) was scheduled to unveil the largest acquisition in its history, Masayoshi Son, chief executive officer of SoftBank Group Corp.(sftby, -0.05%), spilled ...

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