Walmart (NYSE: WMT) has dropped its plan to use roving robots for inventory management after investing 5 years with Bossa Nova in an effort to automate some inventory tasks and improve customer and employee experience. The retail giant has not specified any reasons for discontinuing the plan.
Click here for the full Trefis coverage of Walmart
- Walmart Stock To Trade Higher On Likely Strong Fiscal Q3 Results?
- Costco Is A Better Bet Than Walmart
- Does Walmart Have More Upside?
- Can Walmart Reach An All-Time High When The COVID-19 Crisis Ends?
- Is Walmart A Safer Bet During The Current Coronavirus Turmoil?
- How Much In Online Revenue Can Walmart Generate In 2020?
Looking for a balanced portfolio to invest in? Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams