83.59 -0.02 (-0.02%)
After hours: 7:27PM EDT
|Bid||0.00 x 800|
|Ask||83.79 x 900|
|Day's Range||82.37 - 83.62|
|52 Week Range||73.13 - 109.98|
|PE Ratio (TTM)||27.90|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||2.08 (2.47%)|
|1y Target Est||95.12|
Police in Tumwater, Washington, said a good Samaritan with a weapon stopped a man who had already wounded two. The armed civilian is a pastor and a medic. KIRO-TV's Runji Sinha reports.
Come fall, the 32,000 square foot unit, a quarter of the size of an average 136,000 square foot Sam’s Club, will bow in the Lower Greenville neighborhood of Dallas. The move signals that parent company Walmart hasn’t given up on mining small stores for growth, despite failing to make an impact in a scaled-down box. The nation’s biggest retailer fumbled its small-store push, shuttering the Walmart Express format in 2016.
TALLASSEE, Ala. (AP) — A gunman crashed into a vehicle outside a Walmart store on Tuesday morning, opening fire and killing two women before taking his own life, authorities said.
The retailer said it has rolled out the new Winemakers Selection, which includes 10 “distinctive labels” of wine sourced from California, France and Italy, three of the biggest hotspots for wine. The wines will be relatively cheap for their high quality as you will only have to pay $11 for a bottle, according to Walmart senior wine buyer Nichole Simpson. Earlier in 2018, Walmart launched a number of new home goods options that included styles such as “glam” and “farmhouse.” And back in March, the retailer said that it would also roll out its own line of home meal kits, which have become very popular among urban professional couples and singles.
See what the world's largest retailer wanted this entrepreneur to do so her sauces could be featured on Walmart's shelves.
BJ’s private-equity owners will retain control of a company with margins that lag rivalsBJ’s Wholesale is focused on the New England area and has room to grow, says the company. BJ’s Wholesale Club, operator of 215 warehouse clubs across 16 states largely along the U.S.’s eastern seaboard, is planning an initial public offering, returning to the public markets after a seven-year spell as a private company. The company(IPO:BJ)is offering 37.5 million shares priced at $15 to $17 each, which would raise about $600 million at the midpoint of the range.
In this final part of the series, we’ll look at Wall Street’s recommendations and current valuations of Kroger (KR). Kroger is covered by 26 Wall Street analysts, who have jointly rated the stock a 2.2 on a scale of 1.0 (strong buy) to 5.0 (sell).
Mighty Good Solutions co-founder Ben Rendo talks about the success of the company and its latest product that will hit Walmart shelves.
After falling ~20.0% in 2017, Kroger’s (KR) stock price has fallen 4.6% so far this year. The company is trading more than 20.0% below its 52-week high price. However, Kroger isn’t the only consumer staples stock that’s stuck in the red.
Costco (COST) stock was trading at a forward PE (price-to-earnings) multiple of 27.7x on June 15, which was significantly higher than its peers. If we look at the historical trend, Costco stock has always traded at a premium when compared with Walmart (WMT) and Target (TGT) stock, as can be seen in the graph below. In comparison, the S&P 500 Index (SPX) was trading at a forward PE multiple of 17.5x on June 15.
Groceries account for 56.0% of Walmart’s sales, and the retailing giant is leaving no stone unturned to capture further market share. According to a Raymond James survey, Walmart reduced its prices by 4.0% between February and April this year. Walmart’s nationally branded food products had lower prices than even Dollar General and Family Dollar.
On Monday (June 18), Google announced it would invest $550 million in JD.com, the Chinese e-commerce company that competes against Alibaba. The deal comes as the US tech giant revamps its China strategy. The company has had a marginal presence in the country since March 2010, when authorities shut down its search engine for mainland…
The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 0.4 percent to close at $43.76 on Nasdaq. JD.com's investors include Chinese social media powerhouse Tencent Holdings Ltd , the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd (BABA.N), and Walmart Inc (WMT.N).
Apparel brands are one of the most challenged sectors in the retail industry. Yet new leases across the Bay Area prove that clothing is nowhere near apocalyptic.
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet company's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. JD.com's U.S.-listed shares rose 0.4 percent to close at $43.76 on Nasdaq.
Costco’s (COST) earnings per share have seen double-digit growth over the past five quarters. In comparison, Walmart (WMT) has also improved its EPS. Target’s (TGT) EPS returned to a growth trend during the recently reported fiscal first quarter.
If meal delivery services could deliver the aromas their recipes create to consumers, they might sell a lot more meal kits. As it is, analysts see a $10 billion industry soon.
Costco (COST) has posted impressive sales performance over the past several quarters and has outperformed both Walmart (WMT) and Target (TGT). During the recently concluded quarter, Costco’s comps (comparable store sales) in the US grew 7.7% (excluding the changes in fuel prices and currency movements). This is higher than Walmart’s 2.1% growth (excluding fuel) and Target’s 3.0% increase.
"Online, in-store, it shouldn't matter, it should all be blended: Consumers can shop wherever they want--it's the retailers that build one-on-one relationship customers that will win." Tzuo tells Barron's that the subscription model, like Amazon.com's (AMZN) Amazon Prime, has already reshaped retail, and traditional stores simply haven't realized it yet--to their own detriment. "Amazon isn't successful just because it's an e-commerce site, but because it knows how to think like its customers," he says, noting that he can search his Amazon purchase history going back more than 20 years, while a retailer such as Walmart (WMT) has no data about the roughly 100 million customers that walk through its doors every week. Instead of framing the state of the industry as an e-commerce versus physical-store issue, and spending big sums of money to acquire Jet.com and a stake in FlipKart, Walmart should instead create a universal Walmart ID, so it can collect data on its customers--the first step to establishing an omnichannel relationship.
Alphabet Inc (NASDAQ:GOOGL)’s division Google has announced its plans to invest $550 million in, JD.Com Inc (NASDAQ:JD), one of the largest Chinese e-commerce companies. This will aid the company in strengthening footprints in the growing global online retail market. The partnership will allow the e-commerce company to list its products on Google’s shopping site which will help it to expand customer reach.
At a time when retail giants like Walmart (WMT), Target (TGT), and Amazon (AMZN) are fiercely competing for a greater share of consumer spending, Costco (COST) is enjoying smooth sailing. When Amazon disrupted the grocery space with its 2017 Whole Foods acquisition, Wall Street analysts were most concerned about the prospects for Costco stock.