I’d argue that WMT’s comp sales success doesn’t matter and wonder what the point is of chasing sales that don’t translate into profits. I haven’t exactly been a big fan of Wal-Mart over the past several quarters as I’ve thought the company was given way too much credit for what little fundamental progress it was making.
Category: Wal Mart Stores
Wal-Marta s Online Sales Increase 29% in Q4
Comp sales were up at all Wal-Mart’s retail formats though analysts are wondering when sales growth will translate into earnings growth. Wal-Mart Stores reported better-than-expected U.S. sales for the holiday quarter though margins were squeezed by price-cutting efforts and investment spending.
Dividends, Free Cash Flows, And Positive Comparable Sales: The Wal-Mart Story
Wal-Mart had another excellent quarter that sent share prices higher as investors were faced with the retail giant remaining strong again. The real story begins with operating income in constant currencies.
Walmart keeps working to make inroads against Amazon
Wal-Mart drew more shoppers to its namesake stores in the United States and its online sales soared 29 percent in the fourth quarter, which covers the critical holiday shopping season. That’s an indication that its efforts to lower prices and improve web services are helping it compete better against Amazon, which has built fierce loyalty with its Prime two-day shipping program.
Wal-Mart Earnings Fall, But Online Sales Surge
Wal-Mart drew more shoppers to its namesake stores in the United States and its e-commerce sales soared, signs that its efforts to lower prices and improve web services are helping it compete better against online leader Amazon. The company saw the biggest gain in a key revenue measure in its U.S business in four years, marking the tenth consecutive increase.
Wal-Mart’s ‘test lab’ a sign of the franchise’s fresh future
The Ancaster Ontario Walmart was renovated last year becoming one of the company’s new prototype stores. They lowered the shelving, widened isles, added colourful signage and expanded their grocery and toy departments while removing some items from the store shelves opting to sell them online.
Will Wal-Mart’s New Shipping Plan Punish Amazon?
With Wal-Mart continuing to struggle to gain market share from Amazon in the e-commerce side of its business, it continues to try different things out to see if they work, with the latest being the shelving of its “Shipping Pass” program and the introduction of a two-day plan that requires no subscription, and includes a minimum order of $35.00. Shipping Pass was an annual membership program costing consumers $49.00, which also included a two-day shipping mechanism in the deal, which has become the retail industry baseline.
Wal-Mart starts free 2-day shipping
Wal-Mart Stores Inc. will offer free two-day shipping without a membership fee on more than 2 million items, replacing the subscription-based program it had been testing for more than a year. The Bentonville-based retailer said customers can order products online and have them shipped to their homes or Wal-Mart stores within two days, beginning today.
Job loss can be a positive sign that the economy is growing
When the president speaks of closed factories scattered like “tombstones” across America, has he noticed the shuttered stores in shopping centers and entire malls reduced to rubble? He promises protection to prevent foreigners from destroying manufacturing jobs by exporting to America things that Americans want to import. Does he know that one American company might be destroying more American jobs than China is? And that this supposed destruction is beneficial? The company is Amazon , created by Jeff Bezos.
Trump elevates border-tax idea, but also the political and legal challenges
Retailers such as Wal-Mart Stores Inc. that sell a lot of imported goods are among the strongest opponents of the border-tax idea. Retailers such as Wal-Mart Stores Inc. that sell a lot of imported goods are among the strongest opponents of the border-tax idea.
George F. Will: Protectionism does not protect American workers
When the president speaks of closed factories scattered like “tombstones” across America, has he noticed the shuttered stores in shopping centers and entire malls reduced to rubble? He promises “protection” to prevent foreigners from “destroying” manufacturing jobs by exporting to America things that Americans want to import. Does he know that one American company might be “destroying” more American jobs than China is? And that this supposed destruction is beneficial? The company is Amazon , created by Jeff Bezos.
Wal-Mart to add about 10,000 retail jobs in the US Updated at
Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world’s biggest retailer said Tuesday that there will also be about 24,000 construction jobs generated by its expansion plans.
Press Digest – Wall Street Journal – Jan 11
Jan 11 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Jack Ma Bets $2.6 Billion He Can Revamp China Retail Sector
Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.
WSJ: Wal-Mart Plans to Cut Hundreds of Jobs This Month
Wal-Mart Stores Inc. plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation. The Bentonville, Arkansas-based retailer plans to eliminate jobs at its headquarters and regional personnel that support stores, according to the report.
Wal-Mart plans to cut hundreds of jobs this month: WSJ
By Reuters Wal-Mart Stores Inc plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation. A customer pushes a shopping cart at a Wal-Mart Stores Inc. location in Burbank, California, U.S., on Tuesday, Nov. 22, 2016.
Job cuts may be pending at Wal-Mart this month
I would recommend that you have one description which you use on your own site and offer e-retailers an alternate description. E-commerce sales by region, sales by product category, holiday data, online spending by shopper and as percentage of household income, and more.
Jack Ma Bets $2.6 Billion He Can Revamp China’s Retail Industry
Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.
Jet.com Was Just the Start of Wal-Mart’s E-Commerce Acquisitions
Wal-Mart is kicking off the year with the acquisition of ShoeBuy.com, an online shoe retailer that competes with Amazon ‘s More telling are comments from Wal-Mart’s head of e-commerce, Marc Lore, who said Jet and Wal-Mart will likely pursue more acquisitions like ShoeBuy. In particular, he pointed to “categories where they are long-tail, high-margin products and harder-to-crack brands.”
4 Reasons to Choose Walmart Over Amazon
The internet changed the world. Nowhere is this more evident than in the retail industry, where Amazon.com seems to be unstoppable.
Walmart Tacks on Another E-commerce Company in the Hopes of Crushing Amazon
Walmart is hell-bent on sticking around and not going the way of Macy’s or other brick-and-mortar companies that have fell victim to the burgeoning world of e-commerce and the likes of Amazon . In its latest move to stay relevant in the world of e-commerce the company announced Thursday, Jan. 5, that it would buy online shoe seller Shoebuy.com from Barry Diller’s IAC/InterActiveCorp for $70 million.
Walmart Statement Regarding New Christmas Eve Hours
“Our associates work hard all year to make this Holiday season special for our customers, and we truly appreciate what they do every day. We also know that getting home on Christmas Eve to spend time with families is important.