Seeking Alpha
 

Wal-Mart Stores, Inc. (WMT)

- NYSE
  • Jul. 29, 2014, 12:53 PM
    • Wal-Mart (WMT +0.2%) nabs social shopping site Luvocracy for its @WalmartLabs property.
    • The Luvocracy service will be shut down by Wal-Mart with the acquisition seeming to have more to do with adding key staff and technology to bolster @WalmartLabs.
    • Financial terms of the deal weren't disclosed.
    | Comment!
  • Sep. 11, 2013, 4:11 AM
    • Wal-Mart de Mexico (WMT) is selling its Vips restaurant chain to peer operator Alsea for 8.2B Mexican pesos ($626M), with the deal part of Walmex's strategy to simplify its operations.
    • Walmex's restaurants generated revenue of $473M in 2012, or just 1.7% of its consolidated sales.
    | 1 Comment
  • Aug. 7, 2013, 2:35 AM
    • Wal-Mart (WMT) is reportedly considering participating in an auction for Hong Kong supermarket chain ParknShop, which is valued at up to $4B by owner Hutchison Whampoa (HUWHF.PK).
    • The deadline for initial offers is August 16, with KKR (KKR) among those invited to bid; Blackstone (BX) has held talks with banks about financing.
    • Wal-Mart, which has over 380 stores in China, could use ParknShop as a platform to expand in the country. The latter operates 345 outlets in Hong Kong, mainland China and Macau, and generated revenue of HK$21.7B ($2.8B) last year.
    | Comment!
  • Jul. 15, 2013, 7:19 AM
    Loblaw's (LBLCF.PK) C$12.4B ($11.93B) acquisition of Shoppers Drug Mart (SHDMF.PK) will create a company that generates over C$42B a year and comes amid increasing competition from Target (TGT) and Wal-Mart (WMT). "With scale and capability, we will be able to accelerate our momentum and strengthen our position in the increasingly competitive marketplace," says Loblaw Executive Chairman Galen Weston. (PR)
    | Comment!
  • Mar. 13, 2013, 3:10 AM
    Wal-Mart's (WMT) U.K. unit Asda is in reportedly talks about making a possible bid for music retailer HMV, which entered administration - analogous to Chapter 11 in the U.S. - in January with debts of £170M. The loans are held by restructuring specialist Hilco, putting it in pole position to buy HMV.
    | Comment!
  • Jan. 6, 2013, 2:45 AM
    Flowers Foods (FLO) and Mexico's Grupo Bimbo are reportedly set to be the stalking horse bidders for Hostess Brands' bread ops, which the bankrupt company is likely to sell in at least two groups and which could fetch over $350M. Other possible suitors include Wal-Mart (WMT) and Kroger (KR). Wonder Bread, Nature's Pride, Home Pride, Merita and Butternut are among the brands on offer.
    | 6 Comments
  • Dec. 13, 2012, 3:21 AM
    Wal-Mart (WMT) is reportedly in talks to acquire an 80% stake in leading Turkish retailer Migros from U.K. private-equity firm BC Partners in a deal that would value Migros at over $4B including debt. Wal-Mart could face competition, though, with France's Carrefour (CRRFY.PK) and Britain's Tesco (TSCDF.PK) also having shown interest.
    | Comment!
  • Mar. 14, 2012, 12:05 PM
    Wal-Mart (WMT) has talked with struggling British gaming retailer GAME about a possible acquisition, reports industry site MCV. It's added GameStop (GME -1.8%) is also interested in buying GAME, but has been waiting for the company to go into bankruptcy to make a move, though Wal-Mart's overtures could force it to move faster.
    | Comment!
  • Mar. 9, 2012, 5:29 AM
    Wal-Mart (WMT) wins the final go-ahead for its $2.4B acquisition of Massmart after a South African court dismissed an appeal from the government and unions. The ruling ends months of speculation about the future of the deal, which will speed Massmart's sub-Saharan Africa expansion and give Wal-Mart a strong presence in the region.
    | Comment!
  • Feb. 22, 2012, 12:32 PM
    South African retailer Massmart (MMRTY.PK) says it's going ahead with operational changes under Wal-Mart's (WMT) purchase of a majority stake even though the deal hasn't received a final ruling. The South African government is trying to impose stricter guidelines on the deal, while unions are seeking to have it overturned.
    | Comment!
  • Jan. 4, 2012, 5:39 PM
    Wal-Mart (WMT), never seen as a trendy retailer, is nonetheless stepping up its mobile and social media efforts: the company's @WalmartLabs division announced today it's acquiring mobile app development agency Small Society. The purchase is the division's fourth in the last 9 months; in April, it spent $300M to acquire social media content organizer Kosmix.
    | Comment!
  • Nov. 9, 2011, 2:03 PM
    Already having a big year, dealmaking in the grocery business is set to jump even more as regional players seek to size up. One firm on the radar screen is Supervalu (SVU), primed for acquisition or break-up as it tries to shed debt from its $12.4B purchase of Albertsons in 2006.
    | Comment!
  • Oct. 20, 2011, 9:01 AM
    Wal-Mart's (WMT) purchase of Massmart (MMRTY.PK) is under the spotlight of regulators in South Africa after the government filed a lawsuit compelling the review of its prior approval of the deal. Wal-Mart international CEO Doug McMillon says the company can't commit to procurement targets requested by officials, but is "happy" to invest and grow the local supplier base.
    | Comment!
  • Sep. 16, 2011, 9:48 AM
    Wal-Mart (WMT +0.5%) keeps a focus on e-commerce with a purchase of mobile ad-targeter OneRiot for an undisclosed amount. The @WalmartLabs blog raves about the "nifty technology" from OneRiot that analyzes signals from social networks like Twitter and Facebook to deliver targeted ads.
    | Comment!
  • Aug. 11, 2011, 3:55 PM
    Reported, denied, and now reported again, sources say Wal-mart (WMT) is looking into the acquisition of Carrefour's (CRERY.PK) Brazilian operations, with UBS advising. The deal, said to be in the $6-$8B range, would double Wal-mart's presence in the country.
    | Comment!
  • Jul. 21, 2011, 10:12 AM
    South Africa's government appeals a decision by its own regulators to allow Wal-Mart's (WMT +0.8%) $2.4B takeover of Massmart (MMRTY.PK) . However, it's not immediately clear what impact the move, nor any promised appeal by the union, could have on the deal. (previous)
    | Comment!
WMT vs. ETF Alternatives
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.