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Walmart 'Seriously Considering' IPO Of British Supermarket Chain
Wednesday, May 15, 2019 - 4:23pm | 393Read More...Retail giant Walmart (NYSE: WMT) confirmed it's considering an IPO for British supermarket Asda after its recent merger with Sainsbury's was rejected by UK regulators, according to CNBC. The Leeds-based supermarket chain Asda was purchased by Walmart back in July 1999 for 6.7 billion pounds...
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Ex-Walmart Exec Isn't 'Skeptical,' But Questions Retailer's Digital Strategy
Wednesday, May 30, 2018 - 12:25pm | 576Read More...Ahead of retail giant Walmart Inc (NYSE: WMT)'s annual investor day presentation, ex-Walmart U.S. CEO Bill Simon laid out some questions that might be on investor's minds. Walmart Is A Different Company Today Simon departed Walmart in 2014, and much has changed at the corporate level, the...
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Wal-Mart's U.K. Business Is Getting 'Battered' By Competition, Bloomberg Says
Friday, August 26, 2016 - 7:41am | 419Read More...Wal-Mart Stores, Inc. (NYSE: WMT)'s turnaround story appears to be playing out as planned, and the company is well positioned for continued growth, especially in the domestic business. However, with a lot of the focus on the domestic business, many investors may be ignoring Wal-Mart's international...
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Wal-Mart's Troubles Extend Beyond Brazil: Beware The U.K.
Tuesday, February 9, 2016 - 11:36am | 384Read More...Wal-Mart Stores, Inc. (NYSE: WMT) had a rocky 2015, on a steady, downhill slide. That slide comes in at a 23.75 percent decline for the last one-year, during which Wal-Mart saw a 52-week low of $56.30. Year-to-date, the picture has been less negative, but still quite ugly, with the stock seeing an...
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U.S. Grocers Battening Down The Hatches As German Retailers Roll In
Friday, September 11, 2015 - 12:42pm | 432Read More...The U.S. grocery market has seen a wave of consolidation over the past few years as regional grocers work to stay afloat in the ever-changing food retail market. Deep discounters like Wal-Mart Stores, Inc. (NYSE: WMT) and high-end specialty grocers like Whole Foods Market, Inc. (NASDAQ: WFM) have...
