Tesco and Morrison's best 'Big Four' players as all grocers again see sales grow with inflation rising
Grocery price inflation was up 2.9% year-on-year in the 12 weeks to May 21, from a 2.6% increase in the previous three month period.
Company
Walmart Inc
NYSE:WMT
Walmart Inc. is a technology-powered omni-channel retailer. The company provides the opportunity to shop in both retail stores and through e-commerce and to access its other service offerings. It offers an assortment of merchandise and services at everyday low prices (EDLP). It operates through three segments: Walmart U.S., Walmart International and Sam's Club.
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Autodesk - losing money but on the right track
Brokers have warm words for Autodesk, TeleNav, Wal-Mart and Gap
Asda 'on the right track' despite like for-like sales drop
Allowing for a leap year and a late Easter there had been a sequential improvement in the underlying business
Wal-Mart bolstered by online sales surge
The e-commerce arm saw a 63% rise in sales as it battled to counter the threat of Amazon and others
Wall Street shares close higher as GAP surges after first quarter beat
US benchmarks closed higher in New York after the big losses yesterday
Easter sugar rush: Kantar Worldpanel data shows all 10 major food retailers in growth for the first time in three-and-a-half years
Kantar Worldpanel’s latest data revealed that the overall grocery market has grown by 3.7% – the fastest rate since September 2013 - worth almost £1bn in additional sales
Whole Foods in play as activist investor with an over 8% stake wants it to explore a possible sale
New York-based investment firm Jana Partners LLC has built up an 8.3% stake in Whole Foods, according to a regulatory filing yesterday, up from the 7.15% holding it had at the end of last month.
Wal-Mart ready for hard discounters - and Amazon
The chain is preparing for an onslaught by improving quality, prices and own-label products.
Markets end little changed despite day of drama
Stocks are mixed but firmer on balance, with defense stocks wanted after the air strikes on Syria
Tesco, Sainsbury's see sales decline in latest Kantar data, although Morrison's maintains recent recovery
In the 12 weeks ended March 26, Morrison’s achieved sales growth of 0.3% year-on-year, although its market share slipped to 10.4% from 10.5%
US stocks run out of time to keep record run alive
US stocks enjoyed a last-minute rally after President Donald Trump began the process of deregulation but it was not enough to keep record high tickers for an eleventh session
Record gains on Wall Street, six ways
Six US stock indices closed near their intraday record highs on Tuesday as retail sector earnings and growing expectations that Fed interest rates could be hiked again as soon as next month buoyed banks
More shoppers online and in US stores helps Wal-Mart's fourth-quarter results beat forecasts
The firm saw its sales at US stores open for at least a year increase by 1.8%, excluding fuel, well above forecasts for a rise of 1.3%.
What does US$250,000 get you at Berkshire Hathaway?
The answer is one share, but there’s more to it than that
Morrisons hit by BofA Merrill Lynch downgrade a day before it kicks off sector’s Christmas trading updates
In a review of the European food retail sector, the US bank’s analysts downgraded their rating for Morrisons to ‘underperform’ from ‘neutral’.
US shares edge lower, led by retailers, as rates outlook in focus
US stocks edged lower on Friday, as prospects for fresh record highs faded and markets reflected on how much more monetary tightening to expect from the Federal Reserve after this week’s rate hike
Trending: Trump Offensive - No offence taken as tech stocks in good books
Investors were treated to another stock rotation opportunity – read surprise – on Wednesday when US President-elect Donald Trump struck a conciliatory tone with technology company chiefs in a New York meeting
Christmas coming early: Tesco enjoys third consecutive month of market share growth
Till-roll data analysis by research firm Kantar Worldpanel showed Tesco's sales rose 1.6% year-on-year in the 12 weeks to December 4, taking its UK market share up to 28.3%, up from 28.0% a year earlier.
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Trending: Black Friday damp squib
It's been an underwhelming day for the retail sector which opened its doors to the Black Friday discounted shopping extravaganza
Best Buy shares up before bell, Wallmart’s bullish news sidetracked
The US retail sector was hot on Thursday after upbeat reports from Best Buy and store giant Wal-Mart Stores. But the latter's shares have failed to rise so far