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Walmart is reportedly closing its innovation hub. It's the latest in retailer cost cuts.
Market Watch· 2024-01-19 22:20
Walmart Inc. will shut down Store No. 8, the big-box retailer’s startup incubator and innovation hub, the Wall Street Journal reported on Friday. It’s the latest move by a retailer to trim expenses and protect profits as shoppers continue to grapple with higher prices.Chief Financial Officer John Rainey told employees in a memo that much of what Store No. 8 did had already been incorporated into the company’s operations as a whole, the Journal said.“We’ve graduated capabilities from this operating approach ...
沃尔玛大卖场的自我进化;欧莱雅开始投资长寿;分析预计Prada集团逆势大涨 | 品牌日报
3 6 Ke· 2024-01-18 10:40
沃尔玛大卖场的自我进化 门店大升级,外资品牌超市沃尔玛正在向中国同行学习。 1月17日,沃尔玛中国宣布,全国首批8城29家大卖场门店完成升级。值得注意的是,门店推出了超高性价比的产品,例如每斤不超过9.9元的“冷鲜猪肉一刀切”等。一位沃尔玛负责人接受采访时称,改造后的大卖场,门店客流量实现了双位数增长。 区别于过去大卖场丰富的SKU,沃尔玛在新的门店做了“减法”。升级后的沃尔玛门店精简了SKU(最小商品单位),当前SKU数量是几年前的一半,八成商品为沃尔玛与源头厂商共同开发。 门店陈列还调整了消费者购物动线,更多商品不拆零整箱上架,保留了箱体商品介绍的同时,也节省了上架、配送的运营成本。除此之外,沃尔玛还与厂商共同研发产品口味、包装,推出沃尔玛独家销售商品,并压低商品价格,以此打造差异化竞争力。 和很多同行一样,沃尔玛同样是通过自有品牌或商品定制的方式来进行成本把控。为了吸引顾客回流,沃尔玛还在改造升级的门店中还增加了直播,北京一家升级完毕的沃尔玛门店里,生猪区还放上了电视剧《繁花》的内容。 在过去的两年里,大卖场经历了从未有过的萧条时期。“自救”不止于沃尔玛,永辉改头换面开了会员制超市,大润发正在努力走向网 ...
Walmart Unveils Latest Tech Tools
Forbes· 2024-01-15 11:45
Walmart storegettyNew technologies were introduced by Doug McMillon, President and CEO of Walmart WMT , in a keynote address at the recent CES (Consumer Electronic Show). His announcements are significant because he used the occasion to explain how Walmart intends to use technology as a tool to enhance business. He defined Walmart’s work in the technology arena as, “we build technology to serve people and not the other way around.”McMillon stressed that Walmart’s purpose is to invest in technology to help p ...
Walmart Can Win In A Deflationary Environment As Well
Seeking Alpha· 2024-01-14 08:13
Scott Olson I first wrote about Walmart (NYSE:WMT) stock back in March, placing a “Buy” rating on the stock, saying the retail giant should benefit from high food inflation and any consumer weakness due to its status as the low cost leader in the space. The stock has generated an over 10% return since then. Let’s catch up on the name, as the company has been at some investor conferences over the past few months. Company Profile As a refresher, WMT is a mass-merchant retailer that sells a plethora of ite ...
Walmart: A Retail Giant Worth Betting On
Seeking Alpha· 2024-01-13 10:27
Scott Olson Walmart Inc. (NYSE:WMT), the world's largest company by revenue and the largest private employer, has been a cornerstone of the global retail industry for decades. With a market capitalisation of $432.08 billion and a forward price-to-earnings ratio of 24.91, it remains attractive relative to many of its top retailer peers. Walmart continues to showcase its resilience and adaptability in a rapidly evolving retail landscape through drone deliveries and rolling out its GenAI search tool, which is ...
Walmart opens massive fitness center on Arkansas campus
Fox Business· 2024-01-11 15:45
Walmart is taking a page from Google, Apple and Meta's playbooks. It is constructing its own sprawling campus in the heart of Arkansas to not only attract talent but drive employee productivity. On Friday, the Walton Family Whole Health & Fitness is opening its doors, marking the first of many buildings and amenities slated to be constructed on the company's new home office complex through 2025.The fitness facility, sitting on Walmart's 360,000-square foot complex, comes equipped with tennis courts, pickle ...
Hold Up, WMT Investors! Is Walmart a Growth Stock Now?
InvestorPlace· 2024-01-11 11:55
Walmart (NYSE:WMT) stock isn’t commonly lumped in with growth stocks, but that’s starting to change.Walmart is making some major strides that will disrupt the retail industry and massively increase its revenue and margins. Once it does, who knows how far WMT stock could run?The Omnichannel Strategy and WMT StockThe combination of Walmart stores and its e-commerce capabilities has been instrumental in gaining market share from competitors. With 90% of Americans living close to a Walmart store, they can order ...
CES 2024:沃尔玛联合微软推广 AI 购物搜索功能
品玩· 2024-01-11 03:50
品玩1月11日讯,沃尔玛日前在 CES 2024 国际消费电子展上宣布与微软合作,打造 AI 驱动的购物体验。沃尔玛 CEO Doug McMillon 在主题演讲中描述了如何利用 AI,在其网站和应用中研究购物者行为,并进行购买建议。 沃尔玛宣布,将在 2024 年进一步改善数字购物体验,将生成式 AI 技术构建到其搜索功能中,为客户提供直观的浏览体验。新设计结合了沃尔玛专有数据和技术以及大型语言模型(包括微软 Azure OpenAI 服务中提供的模型)以及沃尔玛构建的零售特定模型,为购物者提供个性化商品的精选列表。 新的 AI 功能不仅会帮助消费者,还将为商店员工服务,帮助简化与工作相关的任务和工作流程。在沃尔玛旗下的山姆会员店,员工将不再需要检查顾客的购物小票,而是会部署 AI 工具来自动检查顾客的付款情况。 ...
Walmart (WMT) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-10 23:47
The most recent trading session ended with Walmart (WMT) standing at $161.29, reflecting a +1.24% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.57% gain on the day. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq added 0.75%.Coming into today, shares of the world's largest retailer had gained 5.25% in the past month. In that same time, the Retail-Wholesale sector gained 3.95%, while the S&P 500 gained 3.4%.The upcoming earnings release of Walmart will be o ...
Walmart drew wealthier customers as prices surged. One analyst thinks the retailer can keep them.
Market Watch· 2024-01-10 21:15
When prices of basic necessities surged two years ago, more higher-income shoppers turned to Walmart Inc. to ease the strain on their bank accounts. Now, as those price increases start to cool, one analyst believes the big-box discount retailer WMT, +1.24% can hold onto those customers, as the chain, known for its lower prices, gains a bigger reputation for offering convenience. “A key question is if [Walmart] can maintain those customers in a less inflationary environment,” D.A. Davidson analyst Michael Ba ...