Category: walmart

Walmart Stock Is Up Big. Here’s Why It Could Beat Amazon
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Walmart Stock Is Up Big. Here’s Why It Could Beat Amazon

Walmart’s online sales have surged during the pandemic as stores shut down. The retail giant’s stock has considerable upside due to its e-commerce business. Walmart is competing with Amazon Prime by launching its subscription-based service. While the S&P 500 is down about 3% for the year, Walmart (NYSE:WMT) is beating the market with a gain…

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Walmart partners with fashion consignment marketplace thredUP
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Walmart partners with fashion consignment marketplace thredUP

Walmart is continuing its foray into fashion e-commerce, announcing a strategic partnership with fashion resale marketplace thredUP to list a large number of the items on Walmart’s digital storefront. With this partnership over 750,000 items from thredUP will be available on walmart.com/thredup, starting today. Notably, only clothing items and shoes marked as “new” or “like…

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Walmart and Tesla are going to try and work things out
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Walmart and Tesla are going to try and work things out

Walmart came out swinging earlier this week in a lawsuit that accused Tesla of breach of contract and gross negligence over problems with rooftop solar panel systems installed at the retail giant’s stores. Now, just days later, the lawsuit has been placed on hold while the two companies try to reach an agreement that would…

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Walmart Cryptocurrency Won’t Suffer Facebook’s Dismal Libra Fate: Analyst
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Walmart Cryptocurrency Won’t Suffer Facebook’s Dismal Libra Fate: Analyst

Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing. The digital currency variant…

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