Latest Articles
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Week In Review: Wal-Mart, Costco And Target
Nothing significant happened in the U.S. retail market this week as Wal-Mart (NYSE:WMT) persisted with its lack of interest in Family Dollar, even as Dollar General and Dollar Tree entered a bidding war for the same. Cheap Chic retailer, Target ...
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Wal-Mart Cuts Guidance On Weak Traffic, Higher Expenses And Slow Online Growth
Following five consecutive quarters of comparable sales decline, Wal-Mart ‘s (NYSE:WMT) results disappointed once again as it posted flat comparable sales growth for Q2 fiscal 2015. Driven by a consistent decline in store traffic, along wi...
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Wal-Mart Earnings Preview: Positive Comparable Sales Growth Unlikely
Retail giant Wal-Mart (NYSE:WMT) is scheduled to release its Q2 fiscal 2015 earnings on August 14. While the last three months haven’t been too bad for the U.S. retail market in terms of sales growth, a gradual shift in shopping preference...
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How Will Dollar Tree-Family Dollar Merger Impact Wal-Mart?
Two of the three dollar chains in the U.S. have joined hands to take on the retail giant Wal-Mart (NYSE:WMT). In an $8.5 billion deal, Dollar Tree bought Family Dollar last week, to create a massive retail chain of over 13,000 stores. After its ...
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Wal-Mart U.S. CEO is Out; Head of Asian Operations to Succeed Him
In an interesting turn of events, retail giant Wal-Mart (NYSE:WMT) reported that its U.S. division CEO Bill Simon is stepping down from his position. Mr. Simon, who served at the company for eight years, was Wal-Mart U.S. CEO since 2010. He was ...
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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...
