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Everything's Going Right for Wal-Mart, but Challenges Remain

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Wal-Mart still has a long road ahead of it as it aims to catch up with Amazon. With another strong report, Wal-Mart is disproving two narratives roiling the retail industry: first, that brick-and-mortar retail is dead, killed by Amazon. Even if Wal-Mart catches up to Amazon in terms of sales, the e-commerce business may never be as profitable as the stores. The most important e-commerce initiative from Wal-Mart was the rollout of its free shipping offer in February.

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Best Black Friday Audio Deals - Consumer Reports

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We've highlighted the deals on headphones and speakers that feature significant discounts at on popular models at major retailers, including Walmart, Target, Best Buy, Costco, Kohl's and Dell. If you see the Bose Quiet Comfort 35 Wireless headphones in a Black Friday circular, don't expect to find them selling at discount. Sonos Play:3. Best Buy offers a similar $50 discount on the larger Sonos Play:3, for a Black Friday price of $250. Our testers gave this midsized Sonos speaker high marks—and a recommendation—calling it "a good choice for critical listeners. Best Buy is taking $100 off the price of the Sonos Playbar soundbar.

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consumerreports.org
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Why Wal-Mart Could Soon Split Its Stock Again

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In fact, Wal-Mart has never let its stock get into the triple digits, splitting it every time before it reaches that threshold. Wal-Mart has enacted 2-for-1 splits 11 times since it went it public in 1970 at $16.50 per share. If Wal-Mart posts another strong quarter, expect calls for a stock split to heat up. Splitting the stock also makes it more liquid, which can encourage retail investors to buy it.

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Yesterday


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Line of Severe Storms Moving Through Midwest Damages Indiana Walmart

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Line of Severe Storms Moving Through Midwest Damages Indiana Walmart. Severe storms passing through the Midwest Saturday forced a Walmart in Frankfort, Indiana, to evacuate customers. A squall line with a history of wind damage will continue to sweep through the Ohio and Tennessee valleys this evening, according to weather. More articles on The Weather Channel AppDOWNLOAD HERE.

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weather.com
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Why Analysts Are Taking Entirely Different Views on Walmart and Target in an Amazon World

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In the same period a year ago, Walmart reported EPS of $0.98 on revenues of $118.18 billion. During this past quarter, Walmart posted adjusted diluted earnings per share (EPS) of $1.00 on total revenues of $123.18 billion, excluding membership fees in Sam’s Club. In the same period of last year, the company reported EPS of $1.04 on revenue of $16.44 billion. This seemed to be proved by Walmart’s charge this year with its stock up over 44%, compared to other major retailers that are negative in 2017, Target being one of them (down about 20%).

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247wallst.com
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Walmart and Amazon are waging an escalating battle over your closet (WMT, AMAZN)

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Both Amazon and Walmart are beefing up their online assortment of premium clothing offerings. Both Walmart and Amazon, the biggest ecommerce players in the US, have turned their focus to clothing as they court customers online. Not all of Amazon's clothing offerings are available for Prime Wardrobe, but the company says over 1 million items are. Amazon is now the biggest seller of apparel and accessories in the US, according to Cowen & Co.

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Walmart To Order 15 Tesla Semi Trucks, Canadian Grocer Loblaw To Order 25

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Walmart has revealed that it will be reserving and ordering 15 of the new Tesla semi trucks — with 5 slated for use in the US and 10 in Canada. And the Canada-based grocery chain Loblaw has revealed that it will be reserving and ordering a total of 25 of the new all-electric Tesla heavy-duty trucks. So, clearly, there are notable limits to Tesla’s semi trucks as of now, but obviously major benefits as well — greatly reduced emissions being an important one. On that note, it’ll be interesting to see if Tesla can garner interest for the semi trucks in China, despite being an outsider, as there’s expected to be a rapid shift away from diesel and petrol/gasoline powered trucks there over the coming decade or two.

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Here Are the Best Tech Deals Right Now

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Amazon is selling Sony’s XBR65X900E, a 65-inch television, for $1,498 instead of its regular price of $1,998. Get a 55-inch Samsung Ultra HD TV for $900, a $300 discount on its regular price. Here Are the Best Tech Deals Right Now. The MSI GTX 1080 gaming laptop that is regularly $2,800 at Amazon is now $2,500. At Best Buy, you can get the Asus two-in-one hybrid for $1,149, a $150 savings. If you buy three second-generation Echo devices at Amazon, you can get a $50 discount with the code ECHO3PACK.

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fortune.com
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Wal-Mart commits to the new Tesla Semi

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You certainly know Tesla, the car brand launched by Space X's Elon Musk. This week the company announced its latest offering, simply called the Semi. "We have a long history of testing new technology -- including alternative-fuel trucks -- and we are excited to be among the first to pilot this new heavy-duty electric vehicle", Walmart states. It has a range of approximately 500 miles and it will not be released until 2019. Wal-Mart currently has around 6.000 trucks in its fleet, so this will initially be a small dent in the current standard.

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betanews.com
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Friday, November 17


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Walmart’s big investment in workers is paying off

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But Walmart’s decision to invest in workers is now paying off with increased sales both in stores and online, as the the world’s biggest retailer reported third-quarter earnings today (Nov. 16) that surpassed analyst estimates. QuartzNovember 16, 2017. Two years ago, facing moribund sales in its stores and stiff competition online, Walmart committed $2.7 billion to improving employee wages and training. Improving the shopping experience at Walmart stores was one of CEO Doug McMillon’s goals when he announced a plan in February 2015 to boost employee wages. By raising wages by an average of 7% for full-time employees, Walmart reduced turnover and improved the caliber of its workers.

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finance.yahoo.com
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