Hints and tips:
...Additional help from Josh Gabert-Doyon, Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer....
...They embraced green issues after Peter Seligmann, head of environmental group Conservation International, cunningly cultivated Rob Walton, Sam’s son who succeeded him as chairman....
...Walmart’s growth started to peter out at the turn of the millennium, and its shares stagnated for more than a decade. Perhaps there are market historians out there who can think of better examples?...
...Walmart executives acknowledged more customers had switched towards cheaper private-label items, particularly in groceries, and away from branded goods....
...In 2020 a coalition of Oracle and Walmart emerged as a likely buyer that could appease the White House, and some have suggested a similar solution now could be revived....
...Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer....
...Early this week, Baird named Walmart its top “recessionary playbook” idea....
...Smart reads Welcome to Wally World Walmart has made a bold declaration that it can help save the planet by selling more stuff....
...The company headed by chair Peter Harf needs to burnish its reputation since it no longer relies solely on the Reimanns’ fortune to fuel its acquisitions that have totalled more than $50bn in the past decade...
...Walmart and Kohl’s face mask policies were due to start on Monday, with Kroger’s scheduled to begin on Wednesday....
...shares have repeatedly hit new highs in 2020, catapulting the group’s market value beyond established carmakers such as Toyota and overtaking some of the US’s best-known companies, including ExxonMobil and Walmart...
...But over the weekend Oracle and Walmart put out a joint statement claiming the new entity would be majority owned by US investors....
...One Tesla employee close to Mr Musk compared the feat of surpassing Toyota to the moment Amazon overtook Walmart by market value in 2015....
...(Apart from Peter Thiel, the tech industry swings largely to the political left.)...
...Walmart’s chief executive has been picked to head a group of leading US chief executives....
...Ebay cut its outlook for the full year, as the online marketplace operator pushes ahead with a strategic review of its portfolio amid continued competition from the likes of Amazon and Walmart....
...However, stocks do look vulnerable at current levels, says Peter Oppenheimer, chief global equity strategist at Goldman Sachs, because valuations have become stretched....
...It previously tested automated delivery services with Walmart....
...The earnings come two days after the head of Flipkart stepped down, a setback to Walmart in its international strategy....
...Morrison & Foerster has hired Peter Rooney as a partner in the law firm’s mergers & acquisitions group in New York....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Other retailers, including Walmart, Costco and Dollar General, were trading lower....
...Walmart shares were down 2.7 per cent in pre-market trade on Wednesday in New York....
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