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Tag: Tag: Retail

Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)

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Walmart gears up for holidays with multichannel solutions, import improvements after JD stake sale – Walmart (NYSE:WMT)

Walmart Inc. WMT Shares are trading higher in premarket trading on Wednesday. On Tuesday, the retail giant announced several new initiatives ahead of the holiday season. Initiatives include category expansion, multi-channel order fulfillment and new features to simplify cross-market selling. The company announced the expansion of the Premium Beauty, Secondhand and Collectibles categories. In addition, […]

Walmart recovers, JD.com weakens – Alibaba Gr Hldgs (NYSE:BABA), Costco Wholesale (NASDAQ:COST)

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Walmart recovers, JD.com weakens – Alibaba Gr Hldgs (NYSE:BABA), Costco Wholesale (NASDAQ:COST)

Key findings: Walmart sold its stake in JD.com at a time when its Chinese business is benefiting from a growing local preference for Costco’s warehouse-style shopping. JD.com continues to face strong competition in China’s tough e-commerce market as consumption in the country remains sluggish By Xiao Lin There are no eternal allies […]

Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)

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Walmart results suggest stabilization in consumer health – Walmart (NYSE:WMT)

On Thursday, Walmart Inc WMT has reported its results for the second quarter of the fiscal year, beating Wall Street estimates for both revenue and profit. Due to the strength of its half-year results, the largest US retailer has raised its full-year forecast. This is quite a contrast to the cautious Home Depot HD The […]

Walmart Stock: Bullish or Bearish? Tug of War Before Q2 Results Release – Walmart (NYSE:WMT)

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Walmart Stock: Bullish or Bearish? Tug of War Before Q2 Results Release – Walmart (NYSE:WMT)

Walmart Inc WMT will announce its second-quarter results on Thursday. Wall Street expects earnings per share of 64 cents and sales of $168.6 billion, as the company reports before the market closes. The stock is up 28.85% year-to-date, but has fallen 1.70% in the last month. Let’s take a look at what the charts say […]