Home Depot is one of the retail stocks that are worth buying after the sector’s latest selloff. Stefani Reynolds/AFP/Getty Images Text size Tolstoy wrote that all happy families are alike. The same co...
Tag: Walmart
Bonobos founder who helped transform Walmart opens up about mental health struggles
Burn Rate: Launching a Startup and Losing Your Mind Andy Dunn’s start-up, Bonobos, was being courted for an acquisition by retail giant Walmart. It was a thrilling process, but the co-founder an...
Where Walmart Doesn’t Exist, Ukraine’s Stolen Grain And Inside Gastro
I’m back after a long weekend of drinking mojitos and eating ceviche in Key West, where I was closer to Cuba than to the nearest Walmart. I relished that rarity. Walmart dominates America’s grocery sc...
Walmart at $122 is a buy as the company improves cost controls
Walmart Inc. (NYSE:WMT) is trading at $122. Zacks Research has rated the stock a strong sell. We think the opposite is true. Walmart is a buy at $122, with a price target being $135 before the next ea...
Group Led By Walmart Heir Rob Walton Agrees To Buy Denver Broncos For $4.65 Billion
Topline A family consortium led by Walmart heir Rob Walton has agreed to buy the Denver Broncos for a reported sum of $4.65 billion, putting an end to several years of court battles and family drama s...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Retailers Are Drowning In Inventory
A man passes in front of a Target Corp. store on Black Friday in Dallas, Texas. Photographer: Laura … [+] Buckman/Bloomberg © 2017 Bloomberg Finance LP TargetTGT is the latest retailer to reveal...
Will These Three Retail Stocks Weather The Storm?
. Over the last few years, the outlook for retail has been uncertain at best, with 2022 not looking much better. However, despite the hardship caused by the pandemic, there have been some positives re...
Walmart says reducing inventory glut will take ‘couple quarters’
Walmart Inc. said it needs another two quarters or so to work through an inventory surge that prompted markdowns and contributed to last month’s steep stock decline. About a fifth of the 32% jump in i...
Walmart welcomes back annual hometown bash, acknowledges challenge of inflation
Doug McMillon, president and CEO of Walmart Inc. Corporation, participates in a Business Roundtable discussion on the”Future of Work in an Era of Automation and Artificial Intelligence”, d...
Walmart to open high-tech fulfillment centers to ship online orders faster
Walmart is building four high-tech fulfillment centers that will simplify and speed up the picking and packing of online orders. The first one will open this summer in Joliet, Illinois. Walmart Walmar...
Walmart’s New Campus Will Feature Hotel And More
(Photo by Jeff Zelevansky/Getty Images) Getty Images Bentonville, Ark. has been the headquarters of Walmart since the company’s inception in 1962. When I visited Sam Walton in the early days, I would ...
Walmart bets its stores will give it an edge in Amazon e-commerce duel
BENTONVILLE, Arkansas — Walmart’s cavernous stores are known for aisles of low-priced groceries, paper towels and apparel. Now, those big boxes are hubs for its e-commerce business, serving as l...
Why Costco Won’t Raise the Price of Its Hot Dogs
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
Costco’s Latest Earnings Show Why the Stock Is a Winner
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield
You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield Being a landlord is one of the oldest ways to earn an income stream. And these days, you don’t...
Move Over Target and Walmart, Costco Gets the Gold Star
Club retailer Costco ( COST) released the firm’s fiscal third-quarter earnings on Thursday evening. What a nail-biter! A week earlier, the stock had been smashed in sympathy with the earnings-re...
Walmart stares at a wall of fear but fundamentals remain solid
Walmart Inc. (NYSE:WMT) stares at a wall of fear as inflationary pressures rattle the retailers. Last week, the stock plummeted 19.49%. This was after industry peers reported growth in revenues, yet t...
Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn
Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts pre...
Sell? No Way – This Is A Buyers’ Stock Market
NYSE trader on May 18. The Dow Jones Industrial Average fell over 1000 points as markets continue … [+] their volatile trend. (Photo by Spencer Platt/Getty Images) Getty Images Don’t let o...
After Big Pullback, It’s Time to Shop for Walmart Stock
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers
Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan/Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advanc...
Consumers Aren’t OK. Why April Retail Sales Are Misleading.
Walmart sales climbed in the first quarter from a year ago, but flat transaction numbers suggest inflation drove the gain. Here, a Walmart in San Leandro, Calif., last year. David Paul Morris/Bloomber...
Gatik And Walmart Notch A Big Win In Kansas With New Law Enabling Driverless Vehicle Deployment
Gatik’s policy partnership with Walmart is a formidable one. Gatik Gatik announced today that it will be expanding operations to Kansas following the signing of Senate Bill 313 into law by Governor La...
Walton Family Loses $34 Billion In Two Days, As Walmart Stock Continues Nosedive
Walmart’s stock has slid 17% since it reported disappointing earnings on Tuesday. AFP via Getty Images The Walton heirs have lost a staggering $33.7 billion in the last two days as shares of the...
Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.
Text size Things may be worsening at a rapid pace for Amazon. Cindy Ord/Getty Images Amazon . com shareholders just got another reality check from Walmart and Target . The surprising inability of two ...
Walmart and Target Miss Quarterly Earnings Estimates, Dramatically
Quarterly quandary: Long on sales, short on profits Getty Images These are “Strange days indeed,” to quote John Lennon. Inflation rates are at a 40-year high yet based on the most recent April spendin...