News Formal

The 'backbone' of Walmart's business is fading — but it was likely an inevitable shift for the retail giant

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Walmart is opening fewer and fewer supercenters every year. According to Morgan Stanley analyst Simeon Gutman, that's not particularly surprising.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As big bank earnings kick off, one top technician says it's time to fade the spaceFinancials were on the rise Monday after Citigroup kicked off earnings season. According to one top technician there's something in the charts suggesting the gains may be a head fake as a number of other big bank names also gear up to report. tradnews_ BITCOIN
Source: CNBC - 🏆 12. / 72 Read more »

As Walmart takes on China's booming delivery market, it's going for a smaller storeWith the rapid rise of China's delivery market, Walmart is trying an experiment — a smaller store and a local partnership with logistics firm Dada-JD Daojia.
Source: CNBC - 🏆 12. / 72 Read more »

Watch: Ivanka Trump, Walmart CEO McMillon and IBM CEO Rometty speak at Business Roundtable summitLockHerUp CrookedIvanka Why is she there?
Source: CNBC - 🏆 12. / 72 Read more »