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Wal-Mart Moving Neighbourhood Markets To San Jose

Wal-Mart Moving Neighbourhood Markets To San Jose

Wal-Mart Stores Inc. (NYSE:WMT) has opened its first San Jose Neighborhood market.

Wal-Mart Moving Neighbourhood Markets To San Jose

The grocery retailer Wal-Mart Stores Inc. (NYSE:WMT) has expanded its Neighborhood market portfolio by opening a new 38,000 square-foot store at Westgate mall in San Jose.

The new store will sell all items including groceries, meat and diary products, bakery, frozen foods, fresh local produce, tortilla factory and organic items.

A Wal-Mart Stores Inc. (NYSE:WMT) spokeswoman Delia Garcia said, “We are happy to be giving the community fresh and affordable groceries. You will find the same variety of grocery products that you find in one of our Walmart Supercenters. But these stores are smaller and are set up for quick and convenient grocery shopping”.

Wal-Mart Stores Inc. (NYSE:WMT) shares are currently standing at 74.20.

Wal-Mart Moving Neighbourhood Markets To San Jose
Price History
Last Price: 74.20
52 Week Low / High: 52.13 / 75.24
50 Day Moving Average: 73.58
6 Month Price Change %: 21.6%
12 Month Price Change %: 41.9%

Posted in Headlines, Shopping.

Amazon.com To Expand Holiday Workforce

Amazon.com To Expand Holiday Workforce

Amazon.com (NASDAQ:AMZN) has decided to hire 1,000 seasonal workers in Swansea.

Amazon.com To Expand Holiday Workforce

Amazon.com (NASDAQ:AMZN), the online retailer, has announced that it is recruiting more than 1,000 seasonal workers at its Swansea distribution centre.

The jobs are part of Amazon.com (NASDAQ:AMZN)’s hiring of over 10,000 employees on temporary contracts around the UK for the Christmas period.

Amazon.com (NASDAQ:AMZN) stated that, “Thousands of UK employees initially on temporary contracts had moved into permanent roles over the past three years”.

Amazon.com (NASDAQ:AMZN) stocks are currently standing at 250.60.

Amazon.com To Expand Holiday Workforce
Price History
Last Price: 250.60
52 Week Low / High: 166.97 / 264.11
50 Day Moving Average: 244.02
6 Month Price Change %: 27.3%
12 Month Price Change %: 16.6%

Posted in Headlines, Shopping.

Best Buy To Open New Stores

Best Buy To Open New Stores

Best Buy (NYSE:BBY) is set to open seven Twin Cities Best Buy Mobile stores.

Best Buy To Open New Stores

The electronic retailer Best Buy (NYSE:BBY) is going to open seven new Best Buy Mobile Stores as part of its Twin Cities strategy.

The new locations will be at Roseville, Woodbury, Stillwater, Maplewood and Burnsville.

These stores will be twice as large as their previous Mobile locations.

A Best Buy (NYSE:BBY) spokesman Jeff Haydock said, “These are off-mall stores, and we don’t currently have anything like it here in the Twin Cities. They’re not strip mall locations as much as they are stand-alone buildings, (which) you’d typically find near bigger retailers like a Home Depot or a Target”.

Best Buy (NYSE:BBY) shares were at 17.61 at the end of the last day’s trading. There’s been a -4.9% change in the stock price over the past 3 months.

Best Buy To Open New Stores
Best Buy (NYSE:BBY) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 6 in the industry

Posted in Headlines, Shopping.

Wal-Mart Planning India Launch

Wal-Mart Planning India Launch

Wal-Mart Stores Inc. (NYSE:WMT) has been in talks to open retail stores in India.

Wal-Mart Planning India Launch

Wal-Mart Stores Inc. (NYSE:WMT) plans to open new retailer stores in India within two years, after the government eased rules related to international businesses.

The company is in talks with its Indian partner Bharti Enterprises to set up new retail outlets. The retailer now has 17 outlets in the country.

Scott Price, Wal-Mart Stores Inc. (NYSE:WMT)’s head of Asia operations, said, “The company has been in dialogue on the next steps. We will continue with the discussions with them as we try to understand the conditions of what they mean”.

Wal-Mart Stores Inc. (NYSE:WMT) shares were at 74.45 at the end of the last day’s trading. There’s been a 10.6% change in the stock price over the past 3 months.

Wal-Mart Planning India Launch
Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 6 out of 18 in the industry

Posted in Shopping.

Wal-Mart Cuts Amazon Kindle Ties

Wal-Mart Cuts Amazon Kindle Ties

Wal-Mart Stores Inc. (NYSE:WMT) has stopped selling Amazon Kindles.

Wal-Mart Cuts Amazon Kindle Ties

Wal-Mart Stores Inc. (NYSE:WMT) announced that it will no longer serve as a showroom for Amazon’s Kindle devices.

The retailer has now stopped selling its competitor’s Kindle tablets and eReaders, however the superstore will continue to sell other tablets, eReaders and accessories.

Wal-Mart Stores Inc. (NYSE:WMT) said in a statement, “We have recently made the business decision to not carry Amazon tablets and eReaders beyond our existing inventory and purchase commitments. This includes all Amazon Kindle models current and recently announced”.

Wal-Mart Stores Inc. (NYSE:WMT) shares are currently standing at 74.75.

Wal-Mart Cuts Amazon Kindle Ties
Price History
Last Price: 74.75
52 Week Low / High: 49.94 / 75.24
50 Day Moving Average: 73.32
6 Month Price Change %: 23.3%
12 Month Price Change %: 45.7%

Posted in Shopping.

Wal-Mart Signs Humana Deal

Wal-Mart Signs Humana Deal

Wal-Mart Stores Inc. (NYSE:WMT) has partnered with Humana on a new healthy rewards program.

Wal-Mart Signs Humana Deal

Wal-Mart Stores Inc. (NYSE:WMT) has joined hands with Humana Inc to support the latter’s healthy rewards program.

As part of the deal, the retailer will give 5 percent credit on about 1,300 healthy food items to more than 1 million healthy reward program members.

The credit will be available from October 15 at its US stores. Qualifying customers can use it against future purchases.

John Agwunobi, president of health and wellness at Wal-Mart Stores Inc. (NYSE:WMT), said, “One of the biggest barriers to healthy nutrition is cost”.

Wal-Mart Stores Inc. (NYSE:WMT) stocks are currently standing at 73.95.

Wal-Mart Signs Humana Deal
Price History
Last Price: 73.95
52 Week Low / High: 49.94 / 75.24
50 Day Moving Average: 73.18
6 Month Price Change %: 21.8%
12 Month Price Change %: 40.5%

Posted in Headlines, Shopping.

Wal-Mart Cancels NYC Plan

Wal-Mart Cancels NYC Plan

Wal-Mart Stores Inc. (NYSE:WMT) has failed to open a new store in New York after opposition.

Wal-Mart Cancels NYC Plan

Wal-Mart Stores Inc. (NYSE:WMT), the world’s largest retailer, has failed to open its first New York City store in Gateway II, Brooklyn, due to protests from opposition groups.

The groups opposed the new store citing the company’s low wages and poor employee benefits.

Wal-Mart Stores Inc. (NYSE:WMT) spokesperson Stephanie Yazgi said, “Wal-Mart Stores Inc. (NYSE:WMT)’s withdrawal from Gateway II shows that when New Yorkers join arms, event the world’s richest retailer is no match for them. We remain committed to bringing new economic development and shopping options to New York City, especially in the neighbourhoods that need them most”.

Wal-Mart Stores Inc. (NYSE:WMT) shares were at 74.50 at the end of the last day’s trading. There’s been a 10.0% change in the stock price over the past 3 months.

Wal-Mart Cancels NYC Plan
Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 6 out of 18 in the industry

Posted in Headlines, Shopping.

Wal-Mart To Cut Galaxy S3 Price

Wal-Mart To Cut Galaxy S3 Price

Wal-Mart Stores Inc. (NYSE:WMT) is going ahead with an offer of the T-Mobile Samsug Galaxy SIII for $148.

Wal-Mart To Cut Galaxy S3 Price

The world’s largest retailer Wal-Mart Stores Inc. (NYSE:WMT) is selling T-Mobile Samsung Galaxy SIII for a discount of $50.

The company now offers the device for just $148, whereas T-Mobile is selling the device for $280. The retailer, however, did not announce when the promotion will end.

The Samsung Galaxy SIII features 4.8-inch HD super AMOLED display, 1.5GHz dual-core Qualcomm Snapdragon S4 processor, 2GB RAM, Android 4.0 Ice Cream Sandwich, 8-megapixel rear-facing camera and 1.9 mega-pixel front-facing camera.

Wal-Mart Stores Inc. (NYSE:WMT) stocks were at 74.81 at the end of the last day’s trading. There’s been a 8.2% change in the stock price over the past 3 months.

Wal-Mart To Cut Galaxy S3 Price
Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 5 out of 17 in the industry

Posted in Headlines, Shopping.

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