Walmart(WMT)
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WMT's New AI-Driven Shopping Experience: What it Means for Customers
ZACKS· 2024-10-14 17:16
Walmart Inc. (WMT) is taking retail to a new level where shopping becomes more personal and convenient than ever. The retail giant has laid out an ambitious plan to integrate artificial intelligence (AI), generative AI (GenAI), augmented reality (AR) and immersive commerce into its stores and digital platforms.This initiative aims to create a hyper-personalized experience, adapting to each customer’s needs and shopping preferences. Whether shopping in-store, online or through an app, customers will find tha ...
Walmart Appoints Chief Revenue Officer Seth Dallaire as Chief Growth Officer
PYMNTS.com· 2024-10-11 23:17
Walmart appointed its Chief Revenue Officer Seth Dallaire to the expanded role of chief growth officer — Walmart U.S.While continuing to lead the company’s revenue organization, Dallaire will also be responsible for the marketing, design and product teams, John Furner, president and CEO — Walmart U.S., wrote in a Friday (Oct. 11) memo to Walmart associates that was emailed to PYMNTS.In addition, Jon Alferness, chief product officer — Walmart U.S., will leave Walmart after serving in an advisory role through ...
Walmart Expands Pet Care Footprint With New Service Centers
ZACKS· 2024-10-09 15:31
Walmart Inc. (WMT) has unveiled a major expansion of its pet care services, introducing new Pet Service Centers in Georgia and Arizona. The company announced that it will open five more pet service centers in October and early November. This move enhances access to affordable pet care, including in-person and virtual veterinary services, pet prescription delivery, grooming and pet food and supplies. By offering these services under one roof, Walmart aims to provide pet owners with a convenient all-in-one so ...
One of Walmart's big bets is paying off in its retail battle against Amazon, analysts say
Business Insider· 2024-10-07 19:07
Walmart's logistics business is pressuring Amazon's own, according to Wells Fargo analysts.Walmart is offering a cheaper version of Fulfillment by Amazon, which could limit Amazon fees.Wells Fargo cut its rating on Amazon to equal weight from overweight Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed ...
Sam's Club Prepares to Open First All-Digital Store
PYMNTS.com· 2024-10-07 18:29
Sam’s Club is reportedly preparing to launch its first store without checkout lanes.Scheduled to open in the middle of this month in Texas, the store will require customers to use an app called Scan & Go to ring up items on their smartphones as they shop, CNBC reported Monday (Oct. 7).Where most stores would have cash registers, the report adds, the Walmart-owned club retailer will instead display online-only items such as giant Christmas trees and diamonds. Workers, meanwhile, will have around four times a ...
Walmart's Stock Review: What Investors Need to Know for FY25
ZACKS· 2024-10-07 15:26
Walmart Inc. (WMT) has been benefiting from its diverse business model that spans multiple segments, channels and formats. The company's strong omnichannel strategy has boosted traffic across both physical stores and digital platforms. Its emphasis on improving delivery services has been successful, contributing to steady grocery market share gains. Upsides like these, along with growth in the advertising business, fueled second-quarter fiscal 2025 results, wherein the top and bottom lines grew year over ye ...
Walmart-owned Sam's Club tests a future without checkout lines
CNBC· 2024-10-07 14:30
In this articleWMTSam's Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane.Sam's ClubGRAPEVINE, Texas — When shoppers walk into Sam's Club's newest store, they'll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes.Welcome to the Walmart-owned membership club's first all-digital store — and a preview of what could be its futur ...
Walmart: Retail Juggernaut Has More Room to Grow for Investors
MarketBeat· 2024-10-07 13:55
Walmart TodayWMTWalmart$80.67 -0.27 (-0.33%) 52-Week Range$49.85▼$81.60Dividend Yield1.03%P/E Ratio34.52Price Target$81.62Add to WatchlistThe world’s largest retailer, company, and employer, Walmart Inc. NYSE: WMT, continues to defy gravity as its stock keeps floating higher, rising 54% year-to-date (YTD). Even after the 3 for 1 stock split on Feb. 26, 2024, shares climbed an additional 52%. The company demonstrates the power of scale as the nation’s largest importer of goods. Walmart is also making headway ...
The Zacks Analyst Blog Walmart, Adobe, Caterpillar, Hovnanian and Blue Dolphin Energy
ZACKS· 2024-10-07 12:21
For Immediate Releases Chicago, IL – October 7, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Walmart Inc. (WMT) , Adobe Inc. (ADBE) , Caterpillar Inc. (CAT) , Hovnanian Enterprises, Inc. (HOV) and Blue Dolphin Energy Co. (BDCO) . Here are highlights from Monday's Analyst Blog: Top Stock Reports for Walmart, Ad ...
Walmart (WMT) Flat As Market Sinks: What You Should Know
ZACKS· 2024-10-03 22:51
Walmart (WMT) closed the most recent trading day at $80.43, making no change from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%.Shares of the world's largest retailer have appreciated by 4.13% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 5.43% and outperforming the S&P 500's gain of 1.25%.The investment community will be paying clos ...