4.57k followers • 8 symbols Watchlist by Yahoo Finance
This basket consists of brick and mortar who have lost considerable market share to online competition.
Walmart's (WMT) penetration in the health insurance industry may intensify competition in the profitable MA market.
The Zacks Analyst Blog Highlights: Amazon, Walmart, Big Lots, Kroger, Costco and Shopify
Zacks.com featured highlights include: Office Depot, Korea Electric Power, Koninklijke Ahold Delhaize, AZZ and Oasis Midstream Partners
As was expected, Macy's (NYSE: M) didn't have a great go of it during the first quarter of fiscal 2020, which ended on May 2. It would be easy to chalk up Macy's latest struggles to COVID-19, but the chain's woes predate this latest crisis. The department store business model can't break out of the long and slow death spiral it's been stuck in, especially as the world pivots to digital sales and renders many real estate-heavy operations redundant.
Walmart (NYSE: WMT) is launching a new subscription service this month, reportedly called Walmart+. It'll build on Walmart's Delivery Unlimited subscription offering and cost the same: $98 per year. Walmart+ could add benefits like discounts on fuel at Walmart gas stations and early access to product deals, according to a report from Recode.
What happened Nordstrom (NYSE: JWN) shares are trailing the market by a wide margin this year. The stock sank 62% compared to a 4% decline in the S&P 500 through the end of June, according to data provided by S&P Global Market Intelligence.
The Zacks Analyst Blog Highlights: Canadian Solar, Office Depot and Teva Pharmaceutical Industries
The Zacks Analyst Blog Highlights: Walmart, BHP, International Business Machines, Costco Wholesale and Morgan Stanley
The Zacks Analyst Blog Highlights: Kroger, United Natural Foods, Sprouts Farmers Market, Pilgrim's Pride and Office Depot
T-Mobile, Macy's, JPMorgan Chase, Delta Air Lines and MCHI highlighted as Zacks Bull and Bear of the Day
In the raging war of Walmart versus Amazon, the brand new subscription service Walmart+ is its latest move to grab the latter's market share.
Like most businesses, Macy's (NYSE: M) is experiencing significant disruptions in its operations because of the COVID-19 pandemic. Macy's started reopening stores on May 4. Macy's is adjusting its Polaris strategy.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
Best Buy shares have rallied since their March lows. Richard M. Schulze, founder of the electronics retailer, sold $86 million of shares in late June, his first sale this year.
Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after a watchdog group raised the alarm, including on platforms run by eBay, Amazon.com and Alibaba, a Reuters review of the sites shows. The findings come at a time when skin lightening, a multi-billion dollar industry especially popular in Asia, Africa and the Caribbean, is under renewed criticism for promoting light skin as a beauty ideal. Many countries ban or restrict mercury in creams, which can damage the kidneys, brain and nervous system.
Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc. The world's largest online retailer ordered more than 2,200 heavy-duty Utilimaster "walk-in" delivery trucks from Shyft Group, a Michigan-based specialty vehicle company, an Amazon spokeswoman told Reuters. The company declined to say how many of the vehicles have been sent to Amazon delivery contractors, or where they would be deployed.
In fact not having stores in the mall is often seen as a positive catalyst in itself for brands. Expect that to continue, says Raymond James. Analyst Matthew McClintock reiterated a Strong Buy rating and $335 price target on Lululemon (ticker: LULU) Friday, writing that the athletic apparel company isn’t overexposed to the malls and won’t be hurt by their pain.
Some footwear and athleisure stocks look well positioned during and coming out of the coronavirus crisis, especially those with a loyal following.
“We believe Healthcare could be a ‘silver bullet’ for Walmart over the long-term. As the lines between Retail, Healthcare and Tech blur, Walmart’s growing suite of initiatives make it a sleeping giant to watch,” according to Morgan Stanley.
The ratings on five P&I classes were affirmed due to the pool's share of defeasance and the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), being within acceptable ranges. As of the June remittance statement, The Dover Mall and Commons loan was more than 60 days delinquent and the Albany mall loan was between 30 -- 59 days delinquent.
Consumer spending could take a hit this summer as federal unemployment benefits run out for millions of Americans.
Rating Action: Moody's affirms nine, confirms one and downgrades two classes of COMM 2014- CCRE14. Global Credit Research- 09 Jul 2020. Approximately $998.2 million of structured securities affected.
Credit Suisse’s Seth Sigman reiterated an Outperform rating and $135 price target on Walmart on Thursday, writing that his research points to strong consumer interest into a Walmart+ option, should it hit the market.