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Wal-Mart Stores, Inc. (WMT)

  • Tue, Oct. 6, 8:16 AM
    • A new survey indicated 44% of online shoppers turn to first when searching for a product online. The level is much higher than what was found in previous studies.
    • Another 34% use Google and other search engines to being their shopping efforts, while only 21% begin their search directly on the website of a retailer.
    • The gains by Amazon in becoming the shopping portal for a higher percentage of consumers hits a wide variety of retailers - including Target (NYSE:TGT), Wal-Mart (NYSE:WMT), Staples (NASDAQ:SPLS), and Best Buy (NYSE:BBY) - on market share and pricing leverage. It's been particularly devastating to mall chains such as Aeropostale (NYSE:ARO), American Eagle Outfitters (NYSE:AEO), Buckle (NYSE:BKE), Pacific Sunwear (NASDAQ:PSUN), and Abercombie & Fitch (NYSE:ANF) which rely on impulse buying from in-store shoppers.
    | Tue, Oct. 6, 8:16 AM | 8 Comments
  • Tue, Oct. 6, 7:53 AM
    • Sam's Club (NYSE:WMT) outlined a new strategy in a memo sent to employees last week.
    • The retail chain aims to grow with higher household income members and focus on some high-value business segments.
    • Digital initiatives will also be introduced.
    • Four primary categories of members were identified - large families, neighbor families, new moms, and social couples (empty nesters and millennials).
    • Sam's shuffled key managers into new positions to reflect the new strategic direction.
    | Tue, Oct. 6, 7:53 AM | 5 Comments
  • Fri, Oct. 2, 9:26 AM
    • Amazon (NASDAQ:AMZN) will be the number two player in non-food consumables by 2018, according to a new report from Cowen & Company.
    • The company is leveraging its powerful Prime platform to gain market share in the highly-competitive field by highlighting to consumers its advantages on pricing and delivery.
    • Amazon's gains could come at the expense of store traffic for Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Walgreens (NASDAQ:WBA), notes Cowen.
    • The Amazon Effect could also impact pricing in the personal care, household, pet, and baby products sectors - a wide swath of the consumer goods industry that impacts companies such as Procter & Gamble (NYSE:PG), Avon Products (NYSE:AVP), Revlon (NYSE:REV), Kimberly-Clark (NYSE:KMB), Carter's (NYSE:CRI), Colgate-Palmolive (NYSE:CL), Ulta Salon (NASDAQ:ULTA), Unilever (UN, UL), and Church & Dwight (NYSE:CHD) as they negotiate deals.
    • Related ETFs: IYK, UGE, SZK
    | Fri, Oct. 2, 9:26 AM | 33 Comments
  • Thu, Oct. 1, 3:38 AM
    • Walmart (NYSE:WMT) is reportedly planning to lay off hundreds of workers, including senior managers, at its headquarters in Arkansas.
    • The retailer is looking to limit the effect of the costs associated with a hike in the wages of store workers and investment in other areas of its business, such as its pickup service for online grocery orders.
    • Fewer than 500 staff are set to lose their jobs out of 18,000-19,000 who work at HQ.
    | Thu, Oct. 1, 3:38 AM | 11 Comments
  • Tue, Sep. 29, 10:52 AM
    | Tue, Sep. 29, 10:52 AM | 3 Comments
  • Thu, Sep. 24, 4:58 AM
    • Wal-Mart (NYSE:WMT) is looking for price cuts from suppliers that produce goods in China, saying the retailer should share in the savings generated by the country's recent devaluation of the yuan.
    • Company managers in recent weeks have contacted more than 10K suppliers seeking cost cuts of 2-6% on general merchandise, so it can achieve "everyday low cost," Wal-Mart's term for the tight cost controls needed to keep prices low for consumers.
    | Thu, Sep. 24, 4:58 AM | 7 Comments
  • Sun, Sep. 20, 12:53 PM
    • Publix is the latest large grocery store chain to step into the home delivery game. The private chain is using Shipt to delivery online orders to a large swath of Atlanta. Shipt offers the same type of delivery service as Peapod, Instacart, Amazon Fresh (NASDAQ:AMZN), and FreshDirect.
    • Looking to keep market share, Kroger (NYSE:KR) and SuperValu (NYSE:SVU) have pick-up options for online orders and are dabbling with home delivery.
    • Target (NYSE:TGT) has tipped that it would like to "test" grocery delivery in the future and already has a curbside pickup option at some stores. Wal-Mart (NYSE:WMT) is also testing various online grocery programs.
    • Though Whole Foods Market (NASDAQ:WFM), Trader Joe's, Sprouts Farmers Market (NASDAQ:SFM), and The Fresh Market (NASDAQ:TFM) still hold an advantage with consumers for fresh produce - analysts note the specialty grocery category is getting crowded. Whole Foods is the company with the most advanced home delivery program (1-hour in some markets) in the group.
    • Data dive: Online grocery shopping is estimated to be growing at a 25% to 30% rate. Perhaps an even more important statistic is that 87% of online shoppers use more than one store for their grocery needs in a trend that could pressure pricing.
    | Sun, Sep. 20, 12:53 PM | 26 Comments
  • Fri, Sep. 18, 10:41 AM
    • Target (TGT -0.7%) and Wal-Mart (WMT -0.8%) will be watching closely as the National Labor Relations Board hears an appeal over a small group of Target pharmacists won a vote to form an union.
    • Though Target is in the process of selling its pharmacy business to CVS Health, it's still attempting to prevent the micro-union from forming.
    • As for Wal-Mart, the company has a long history of stopping unionization efforts in their tracks.
    | Fri, Sep. 18, 10:41 AM | 20 Comments
  • Thu, Sep. 17, 9:38 AM
    • Wal-Mart (WMT -0.2%) plans to hire 60K seasonal workers for the upcoming holiday season, according to CNBC.
    • The retail giant hired 60K last year and 55K in 2013 to prep for the holidays.
    | Thu, Sep. 17, 9:38 AM | Comment!
  • Sun, Sep. 13, 2:47 PM
    • U.S. gas prices fell sharply over the last three weeks, according to the latest read from Lundberg Survey.
    • The average price for a gallon of regular declined 9.8% to $2.4419 for the period ending on September 11.
    • Fuel margins are a key earnings factor for a large number of retail chains including CST Brands (NYSE:CST), Murphy USA (NYSE:MUSA), Costco (NASDAQ:COST), Kroger (NYSE:KR), Wal-Mart (NYSE:WMT), and Casey's General Stores (NASDAQ:CASY).
    | Sun, Sep. 13, 2:47 PM | 15 Comments
  • Fri, Sep. 11, 3:38 AM
    • Two large suppliers of well-known brands to Wal-Mart (NYSE:WMT) are refusing to accept new terms that the retailer is imposing, Bloomberg reports, and hope to use their size to negotiate a better deal.
    • However, many of Wal-Mart's 10,000 suppliers aren't large enough to hold such leverage and are having to put up with new storage fees and a schedule that could put back payments. The terms are designed to cut Wal-Mart's costs, so, it says, it can lower prices for shoppers.
    • Wal-Mart is the biggest customer for many packaged-goods providers, including General Mills (NYSE:GIS), Kellogg (NYSE:K) and Hanesbrands (NYSE:HBI), which generate over 20% of their sales from the retailer.
    | Fri, Sep. 11, 3:38 AM | 25 Comments
  • Thu, Sep. 10, 1:16 PM
    • Wal-Mart (WMT -1.3%) warns in a new SEC filing that it identified a "material weakness" in internal controls on accounting for leases.
    • The company is revisiting the design of its controls on sale-leaseback accounting.
    • Shares of Wal-Mart trade below retail averages and the S&P 500 Index for the day.
    • SEC Form 10-Q
    | Thu, Sep. 10, 1:16 PM | 11 Comments
  • Thu, Sep. 10, 8:15 AM
    • Needing some sort of win, American Express (NYSE:AXP) gets one as Sam's Club (NYSE:WMT) - the country's eight-largest retailer - will begin accepting AmEx cards at its 650 locations in the U.S. and Puerto Rico beginning on October 1.
    • Source: Press Release
    | Thu, Sep. 10, 8:15 AM | 17 Comments
  • Tue, Sep. 8, 12:55 PM
    • Shares of Wal-Mart (WMT +3.5%) are out ahead of broad market averages to touch $66 for the first time in over a week. Trading volume is elevated on the stock following the holiday weekend.
    • Wal-Mart has trailed the S&P Retail ETF this year due in part to its exposure in China and concerns on rising labor costs in the U.S.
    • The company can offset some of that revenue pressure by realizing lower costs on China-made inventory and selling more consumer products back to those U.S. employees with a wage bump, reasons SA contributor Matthew Greenberg
    | Tue, Sep. 8, 12:55 PM | 8 Comments
  • Fri, Sep. 4, 7:18 AM
    • Star Wars fans showed up with energy at Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) stores in the early morning hours for Force Friday, according to local media reports.
    • The retail event wrapped around the new and old characters set to be introduced in the new Star Wars slated for December also inspired promotions from Toys 'R' Us, Amazon (NASDAQ:AMZN), and Kay Jewelers (NYSE:SIG).
    • Toy makers Hasbro (NASDAQ:HAS) and Lego are expected to be big beneficiaries of the Star Wars event, while Mattel (NASDAQ:MAT) and Jakks Pacific (NASDAQ:JAKK) are also selling Star Wars 7 merchandise.
    | Fri, Sep. 4, 7:18 AM | 7 Comments
  • Thu, Sep. 3, 9:42 AM
    • Sam's Club (NYSE:WMT) introduces a new car buying program to members which it says guarantees savings off of MSRP listings.
    • The chain is partnering with on the initiative.
    | Thu, Sep. 3, 9:42 AM | Comment!
Company Description
Wal-Mart Stores Inc operates retail stores in various formats under various banners. Its operations comprise of three reportable business segments, Walmart U.S., Walmart International and Sam's Club in three categories retail, wholesale and others.