Seeking Alpha
 

Wal-Mart Stores, Inc. (WMT)

- NYSE
  • Jun. 26, 2013, 2:08 PM
    A group of U.S. retailers that includes Wal-Mart (WMT +0.7%) and Gap (GPS +1%) are close to finalizing an agreement to create a $50M fund to help improve garment factory conditions in Bangladesh. The group didn't join a separate pact which was deemed too Euro-centric.
    | Comment!
  • Jun. 26, 2013, 6:38 AM
    Wal-Mart (WMT) says the president of its operations in India has resigned to be replaced on an interim basis with a senior vice president from Wal-Mart International. The company remains stuck in the mud in its drive to open retail stores in India due to political opposition and difficulties in acquiring real estate through a joint venture.
    | Comment!
  • Jun. 22, 2013, 3:59 PM
    Wal-Mart (WMT) is once more aggressively discounting iPhones (AAPL): the retail colossus is now respectively selling the 16GB iPhone 5 and iPhone 4S for $129 and $39 with 2-year contracts at its stores (but not online). Whereas Wal-Mart's prior discounts were deemed holiday promotions, the company says the new ones are permanent, which presumably means they'll last until the 5S launches (and older models see price cuts). Last time around, Wal-Mart suggested it wasn't solely footing the bill for its discounts; no word yet on whether that's the case this time.
    | 15 Comments
  • Jun. 20, 2013, 6:16 PM
    Wal-Mart (WMT) has been talking to both Wells Fargo (WFC) about Bank of America  (BAC) about managing its $15.6B 401k program, run for the last 15 years by BofA, Reuters reports. BrightScope estimates Wal-Mart has 1.2M+ people participating in its retirement plan, and that the average account balance stands at $15K. Reuters notes Wal-Mart is seen as a marquee client in the retirement plan space in spite of a small average account size, and that plan administration deals "rarely come up for grabs."
    | 8 Comments
  • Jun. 20, 2013, 7:50 AM
    Wal-Mart (WMT) and Tesco (TSCDF.PK) push policymakers in India on whether or not the government will reverse a policy to allow foreign investments in retail businesses in the nation. Though the retail giants have ambitious plans for the region, the issue is a political hot potato and forward progress has been slow.
    | Comment!
  • Jun. 19, 2013, 8:50 AM
    More on Wal-Mart (WMT) vs. Amazon (previous): As Wal-Mart pushes harder to compete with Amazon online, a giant albatross hangs around its head with complicated extra layers of distribution adding to its costs. The retailer's online shipping costs come to around $5 to $7 per parcel compared to the $3 to $4 Amazon sees.
    | 3 Comments
  • Jun. 19, 2013, 3:55 AM
    As it seeks to play catch up with Amazon in online sales, Wal-Mart (WMT) has turned to its store employees to pack and mail items to customers, which the retailer reckons should help it save money and time. The method represents a further integration of Wal-Mart's brick & mortar operations with its Internet business. The latter is run separately and has suffered in the past from not being seen as enough of a priority across the whole company.
    | Comment!
  • Jun. 18, 2013, 1:55 PM
    Not all consumer staples funds (XLP, FXG, VDC, KXI, PMR) are created equal, according to S&P Capital IQ. Fund managers' weighting toward certain sub-sectors or their willing to invest globally or lean on fundamentals can create varying rates of return in the staples group. If there is some common ground, it's with the propensity of staples favorites Procter & Gamble (PG +0.1%), Coca-Cola (KO +0.5%), Philip Morris (PM +0.2%), and Wal-Mart (WMT +1%) to show up as top ten holdings.
    | Comment!
  • Jun. 18, 2013, 11:16 AM
    Heard during Wal-Mart's (WMT +0.4%) presentation at the Jefferies Global Consumer Conference: 1) Sam's Club CFO Michael Dastugue notes online channels are picking up as the chain dabbles with more social media promotions. 2) On products trending well, Dastugue notes mattress sales are strong. Should Sealy (ZZ) and Tempur-Pedic (TPX) be worried with Serta and Night Therapy leading sellers at Sam's? 3) The company plans to open 15-20 new and relocated clubs during FY14. 4) New tech initiatives include self checkout kiosks, convertible registers, and scan & go testing. (webcast)
    | Comment!
  • Jun. 14, 2013, 1:00 PM
    NutriSystem (NTRI +6.7%) gains after the company says it's ramping up production for its Nutrisystem D 5-Day Jumpstart Weight Loss Kit to meet growing consumer demand. The company also notes that it will also offer the product in 3,700 Walmart (WMT) stores by the end of June.
    | Comment!
  • Jun. 14, 2013, 9:59 AM
    Wal-Mart's (WMT +0.1%) arm in Mexico is reportedly considering selling its Vips restaurant business as part of a broader plan to shed non-core assets which are holding down sales growth.
    | Comment!
  • Jun. 13, 2013, 5:47 PM
    Visa (V) is suing Wal-Mart (WMT) to stop the retail giant from seeking more damages, rather than accept a $7.25B settlement Visa and MasterCard (MA) agreed to for card interchange fees. Wal-Mart was one of 19 retailers that said last month it would opt out of the settlement, arguing it would "allow credit card companies and big banks to perpetuate an unfair and broken system that costs all consumers."
    | 10 Comments
  • Jun. 13, 2013, 8:43 AM
    More on May Retail Sales: As expected the late start to the spring season helped boost the building material & garden equipment category (HD, LOW, SHLD, WMT) as sales improved 0.9% M/M and 10.1% Y/Y. Grocery store sales (KR, SVU, SWY, WFM) were solid during the month, while department store sales (KSS, DDS, JCP, M, JWN) came in a touch light.
    | Comment!
  • Jun. 13, 2013, 6:42 AM
    Wal-Mart (WMT) appears to be hiring more temporary workers than full-time workers, according to the results of a Reuters survey. The hiring strategy could help the retailer save money and stem criticism that it's understaffed at certain stores. Another twist is that the practice also reduces health care costs associated with Obamacare.
    | 3 Comments
  • Jun. 12, 2013, 3:30 PM
    Accenture thinks the number of retail health clinics opening up in store settings like drugstores will double by the end of 2015. Though medical professionals warn about fragmented healthcare, the ease of service and lower costs of the care clinics could keep demand high. It's a trend to watch for CVS Caremark (CVS), Walgreen (WAG), Target (TGT), and Wal-Mart (WMT) as the retailers look to take advantage of expanded health insurance coverage in the U.S.
    | 5 Comments
  • Jun. 10, 2013, 11:04 AM
    The sound and fury over Wal-Mart's (WMT -0.3%) scandals in Mexico and Bangladesh didn't amount to much when it came to tallying votes at last week's shareholder meeting. According to voting results released today, CEO Mike Duke was re-elected with 87.9% of the vote, while Robert Walton landed 89.9% and all the other directors were above the 90% mark.
    | 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.