Latest Articles
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Wal-Mart Invests a Paltry $103 Million in India as Challenges Prevail
Retail giant Wal-Mart (NYSE:WMT) invested $103 million in India in June to expand its wholesale network, according to a filing made by the retailer’s Indian unit to Registrar of Companies. The company operates 20 wholesale stores in the co...
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June 2014 Might Have Been One Of The Better Months For Wal-Mart
The first half of 2014 has been sluggish for several U.S. retailers, including Wal-Mart (NYSE:WMT) and Target (NYSE:TGT). During the first three months of the year, retail sales remained subdued due to the extreme cold weather across most parts ...
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Wal-Mart Looks To Revamp Its Canada Grocery Business With Increased Investment And A New CEO
The world’s largest retailer, Wal-Mart (NYSE:WMT), is leaving no stone unturned to solidify its grocery business in Canada. Earlier this year, the retailer announced that it will be spending close to Canadian $500 million (U.S.$452.35 milli...
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Shopping App Stylr – Yet Another Acqusition For @WalmartLabs
Wal-Mart ‘s (NYSE:WMT) digital technology unit @WalmartLabs has agreed to buy mobile app Stylr for an undisclosed amount, in order to bridge the gap between online and store channels. The app, which allows smartphone users to locate clothes...
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Why Wal-Mart Never Picked Up In China?
The world’s largest retailer, Wal-Mart (NYSE:WMT), is struggling in its domestic and international markets alike. While sluggish consumer confidence and self-cannibalization have troubled the retailer in the U.S., international regions have...
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Wal-Mart Expects 30% Rise In Its E-Commerce Revenues This Year
The world’s largest retailer, Wal-Mart (NYSE:WMT) operates close to 4,000 stores in the U.S., which leaves minimal room for its store expansion. As a result, the retailer relies on increases in same-store sales and growth in e-commerce bus...
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Retail Stock Divergence Unfolding in 2014
Submitted by Wall St. Daily as part of our contributors program Retail Stock Divergence Unfolding in 2014 The list of warning signs for investors continues to grow longer and longer. The credit markets are acting as if the credit cr...
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Wal-Mart Needs To Enhance Its Focus On Small Stores In Wake Of Tepid Q1 Results
After a lackluster holiday quarter, Wal-Mart ‘s (NYSE:WMT) growth disappointed once again as its Q1 fiscal 2015 earnings fell short of consensus estimates. The retailer’s U.S. comparable sales (-0.2%) fell for the fifth consecutive q...
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Economic Recovery In The U.S. And Mexico Can Bolster Wal-Mart’s First Quarter Results
Retail giant Wal-Mart (NYSE:WMT) struggled through most of fiscal 2014 as U.S. buyers spent cautiously even on their basic needs. As store traffic and consumer spending remained weak throughout the year, the retailer’s U.S. revenue per squ...
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Wal-Mart Strikes A Deal With Wild Oats To Sell Cheaper Organic Foods
The world’s largest retailer Wal-Mart (NYSE:WMT) recently partnered with Wild Oats brand to sell organic foods at non-organic prices. The company will be offering a range of pantry staples from Wild Oats priced at least 25% cheaper than ot...
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Challenges Wal-Mart Faces In Mexico And China
While Wal-Mart ‘s (NYSE:WMT) domestic business has struggled over the last one year, its international business hasn’t done well either. Driven by weakness in Mexico, Brazil and China, Wal-Mart’s international revenues grew by a mere...
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What Is Wal-Mart Doing To Ramp Up Its E-Commerce Business?
Wal-Mart (NYSE:WMT) is the largest retailer in the world with over 10,000 stores globally and close to $500 billion in annual revenues. Yet, its online business is a very small part of the whole, accounting for less than 3% of its overall sales. ...
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Wal-Mart To Invest More In Mexico This Year, But Its Expansion Will Be Slow
Retail giant Wal-Mart (NYSE:WMT) recently unveiled plans to invest close to 15 billion pesos ($1.1 billion) in its second largest market, Mexico, in fiscal 2015. While the company has increased its investment by 7% this year, it will be opening ...
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Wal-Mart’s Results Disappoint But Long Term Prospects Still Look Good
Retail giant Wal-Mart (NYSE:WMT) recently reported weak Q4 fiscal 2014 results and issued a bleak guidance for the current fiscal year. The retailer’s U.S. comparable store sales fell by 0.4%, marking the fourth consecutive quarter of comp...
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Wal-Mart’s Results Will Be Impacted By Traffic Decline, Reduction In SNAP Benefits and New Discrete Items
The world’s largest retailer Wal-Mart (NYSE:WMT) struggled for growth during the first three quarters of fiscal 2014 due to the weak economic environment in the U.S. and a traffic decline in international markets. Its U.S. segment comparab...
