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Monday, January 07


News

Asda, Morrisons, Sainsbury's and Tesco cut fuel by up to 2p per litre in fresh supermarket petrol price war

WMT

Updated: 7th January 2019,2:59 pm. ASDA has sparked another petrol price war with supermarkets announcing forthcoming unleaded and diesel price cuts. The other supermarkets don’t have a national cap. Asda says it’s the seventh fuel price drop it’s delivered since October 26, with unleaded falling by 14p a litre and diesel by 11p a litre. The motoring group accused the three supermarkets of failing to compete as closely on the price of unleaded as they usually do, which they said has added 3p a litre to the average fuel bill. Just last week furious MPs called for a fuel price watchdog to stop oil giants ripping off Brits. Asda, Morrisons, Sainsbury’s, and Tesco engaged in a price war at the end of last year, with the supermarkets all lowering prices on more than one occasion.

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Petrol price war erupts as Asda, Morrisons, Sainsbury's and Tesco cut fuel prices - inews.co.uk

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Read more:Save £360 a year on fuel with these 8 simple driving tips. The cuts mean that drivers filling up at Asda’s 320 petrol stations will pay no more than 113.7p per litre for unleaded and 123.7p per litre for diesel. This is the seventh fuel price drop by Asda since late October and in each of the other cases Morissons, Tesco and Sainsbury’s were also quick to mirror the reduction. Asda’s senior fuel buyer, Dave Tyrer said “As a result of wholesale prices recently falling we’ve been able to pass these savings onto our customers, giving them a good start to the new year.”. RAC fuel spokesperson Simon Williams said: “This cut is very welcome news, but the big question is whether the other supermarkets will respond and drop their prices sufficiently at all of their sites.

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Saturday, January 05


News

Did Amazon Turn Walmart Into an Even Bigger Competitor?

WMT AMZN

Adam Levy, The Motley FoolMotley FoolJanuary 5, 2019, 12:48 AM GMT. When Amazon(NASDAQ: AMZN) announced its acquisition of Whole Foods Market in the summer of 2017, Walmart(NYSE: WMT) investors got worried. Amazon has a penchant for cutting margins to the bone in an effort to take market share, and the grocery business has thin margins already. However, Walmart stepped up to the challenge. Not only did it defend its market share in traditional brick-and-mortar grocery sales, but it also accelerated its investments in digital grocery sales with great success. Amazon has historically led digital grocery sales, thanks to its overall dominance of online commerce; it took an 18% share of the market in 2017 compared to Walmart's 9%. But Walmart is shrinking the gap, and even surpassing Amazon by some measures.

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Friday, January 04


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4 Reasons Why Walmart (WMT) Appears to Be a Solid Pick Now

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Walmart Inc. WMT has been a preferred investment pick, thanks to the company’s robust efforts to enhance both store and e-commerce businesses. The company has been making concerted efforts to keep pace with consumers’ evolving shopping patterns and stay firm against Amazon AMZN.These factors have been driving this Zacks Rank #2 (Buy) stock that has gained 11% in the past six months, while the industry rallied 10.3%. The company’s plans to venture into the subscription-based video streaming arena, improve its website, conclude the deal with PayPal, launch Bonobos and Nike NKE on Jet.com, enhance check-out process, and focus on Walmart2World money transfer service along with Walmart Pay mobile payment system and Mobile Express Returns program further highlight the company’s initiatives to accelerate online business. These factors keep management encouraged about achieving 40% U.S. e-commerce sales growth in fiscal 2019.Focus on Online Grocery a Key Driver Walmart is making aggressive efforts to expand in the booming online grocery space, which was a major contributor to its e-commerce sales in the third quarter.

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Wednesday, January 02


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Walmart’s McClendon joins NASRC board

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By Michael Garry, Jan 02, 2019, 20:14 • 1 minute reading. The retail giant’s director of energy efficiency will help U.S. nonprofit focused on natural refrigerant adoption by North American supermarkets. The North American Sustainable Refrigeration Council (NASRC), a U.S. nonprofit focused on supporting natural refrigerant adoption in the supermarket sector, announced today that Jim McClendon, director of energy efficiency for Walmart Stores Inc., has joined its board of directors. “As we navigate the uncertainties of the refrigeration landscape, it seems apparent that legacy approaches and technologies will not sustain the industry. Whether in terms of refrigerants, efficiency, or practice, we must be innovative and insist on new, lower-carbon solutions.”. Since 2005, McClendon has led Walmart’s initiatives to reduce their total energy consumption in new and existing stores, contributing to their greenhouse gas emissions goals.

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Asda launches HUGE January sale with up to 70 per cent off clothing, toys and electrical

WMT

Updated: 2nd January 2019,2:47 pm. ASDA has just launched a massive sale – and it includes up to 70 per cent off clothing, toys and electrical items until January 14. But some products have already sold out online, so you’ll need to be quick to avoid missing out on the bargains. The budget supermarket has slashed the prices of several hundred products both in stores and online, ranging from microwaves and hoovers to clothes and children’s toys. Apart from the discounts on individual products, shoppers can also pick up two for £10 on sleepwear, or one for £6 – or you get three for £10 on kidswear. We’ve made a list of some of the best deals below, but head to Asda’s website for a full list. As always, remember that a deal is only a good deal if you actually need the item. And don’t be blindsided by the discounts – sometimes similar products can be found cheaper elsewhere so it’s important to shop around.

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Tuesday, January 01


News

Walmart isn't the only retailer already winning in 2019

WMT NKE

In any competition, there are winners and losers. And among retailers competing for customers, the winners of 2018 beat their rivals by providing faster delivery, better online and mobile shopping options, and the trendiest products. "To me the pressure is on them in 2019 to push their online and in-store experiences." And many department store operators still have too much bricks-and-mortar space that needs to be "rationalized," he added, meaning more store closures by some of these businesses are inevitable. An early look at sales data by Mastercard during the weeks leading up to Christmas Eve found overall transactions at department stores were down 1.3 percent from a year ago.Foot traffic at some malls — where department stores are anchor tenants — was also noticeably lighter during parts of the holiday season, including Black Friday weekend. But that doesn't mean consumers weren't whipping out their wallets and filling their shopping carts ahead of the new year. Target reported unprecedented traffic at its stores — many of which have been remodeled —in 2018, as Walmart has been focused on buying various online sellers to grow digital sales, its latest acquisition being Art.com.

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New Year's Day opening times for Tesco, Sainsburys, Asda, Morrisons and Lidl - Plymouth Live

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New Year's Day opening times for Tesco, Sainsburys, Asda, Morrisons and Lidl. Here's how long you have to get more booze in for tonight's New Year's Eve celebrations. Updated12:05, 1 JAN 2019. Whether it's last minute canapes, a quick booze shop or some Alka Seltzer for the morning after, lots of us will be needing to hit the supermarkets this new year. But with bank holiday opening times varying from store to store, it can be difficult to keep up with what shop is open when. But fear not, we've done the hard work for you. All Tesco Extras, Superstores and Metro stores open at their usual time and close at 7pm.

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Monday, December 31


News

Walmart (WMT) Outpaces Stock Market Gains: What You Should Know

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Walmart (WMT) Outpaces Stock Market Gains: What You Should Know. Walmart (WMT) closed at $93.15 in the latest trading session, marking a +1.11% move from the prior day. On that day, WMT is projected to report earnings of $1.32 per share, which would represent a year-over-year decline of 0.75%. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.

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Walmart, Best Buy and more: What’s closed, open on New Year’s 2018

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Retailers like Macy's and Sears are closing stores at an alarming rate. Ushering in a new year can mean frantically shopping for last-minute items for the holiday, but hold off before you head out for that champagne flute. Many reliable retail stores will have altered hours New Year’s Eve and New Year’s Day. If you’ve got a little shopping to do New Year’s Eve and New Years Day, here’s a quick checklist of the store hours for your favorite locations. *Since some stores hours could change, please call or check websites before shopping.

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