Walmart is actually testing the use of Supplemental Nutritional Assistance Program (SNAP) benefits to pay for online grocery orders at a few stores, CNBC reported. SNAP is popularly known as food stamps but recipients usually pay with a card through electronic benefits transfer (EBT).Read more
One thing is certain both Dollar Tree and Dollar General are lousy investments because they are overpriced. Neither chain has done anything justify the high stock prices reported on September 12, 2017.Read more
After months of dropping, Target’s revenues suddenly displayed a small but noticeable increase of $26 million during Second Quarter 2017. That does not make up for the $4.23 billion revenue drop between July 2015 and April 2017, but it is an improvement.Read more
Amazon has some value-investment characteristics including a lot of cash and the ability to generate vast amounts of cash on a regular basis. The problem is that unlike companies such as Microsoft, Oracle, Alphabet, and Apple, it cannot keep that cash around.Read more
It looks as if the Amazon-owned Whole Foods is going to become more like a traditional supermarket. The big question we have to ask is will that be winning strategy for either brand?Read more
Walmart (NYSE: WMT) and Alphabet (NASDAQ: GOOG) have opened a major new front against Amazon (NASDAQ: AMZN) in the online retail wars.
Walmart products will soon be available through Alphabet’s (NASDAQ: GOOGL) online delivery solution Google Express, The New York Times reported. That means customers will be able to order stuff through Google shopping. It also means the merchandise they order will be delivered by Google’s branded vehicles.Read more
It looks as if Walmart is actually beating Amazon in the delivery wars.
The discount giant has expanded its same-day service which was only available in Tampa and Phoenix to those cities, CNBC reported. Walmart customers in Denver are able to get orders delivered by Lyft, the article did not say if that service will be expanded.Read more
A possible glimpse of Walmart’s future is provided by America’s second largest grocer Kroger. The situation at Kroger should certainly give WMT investors pause.Read more
Yelp then would be a great investment for Ant Financial; or Walmart, but a lousy investment for you because it is overpriced and makes little money. Although working with Yelp proves claims that Ant Financial is the world’s most value unicorn (pre-IPO company) and justifies the $70 million valuations for it. Smart investors should forget about Yelp and wait for Ant’s initial public offering (IPO) because Ant will be a value investment.Read more
The most likely reason why Amazon (NASDAQ: AMZN) is offering Pay Places is to enable the use of Amazon Pay at Whole Foods (NASDAQ: WFC). Since Amazon is trying to buy Whole foods that sounds logical.Read more