So yes, there is a retail stock bubble in which Mr. Market pays more for modest niche retailers than lucrative giants. Disturbingly, the retail stock bubble grows as thousands of brick and mortar retails stores close.Read more
Thus, Amazon can make more money than Walmart. In addition, Stockrow estimates Amazon’s revenues grew by 27.18% in the quarter ending on 30 June 2021. Comparatively, Walmart’s revenues grew by 2.4% in the quarter ending on 31 July 2021.Read more
Investors need to watch Child Cash carefully because many companies will make money from it. Moreover, Child Cash could lead to a retail boom and boost retail stocks because it gives consumers money to spend.Read more
I think Walmart wants to integrate TikTok’s social media capabilities with its ecommerce operations. Walmart’s ecommerce assets online include marketplace Walmart.com and Walmart Pay.Read more
Thus Walmart’s investments in technology could pay off with lower operating costs. Notably, one way technology is saving Walmart money is by eliminating the need for employees.
For instance, Walmart is eliminating 700 to 1,000 jobs at its Arkansas headquarters. In addition, Walmart cut 7,000 back-office accounting workers in its stores in 2016.
Hence, Walmart and its investors are profiting from technological unemployment. Interestingly, further job cuts are likely at Walmart because the company will deploy robot janitors in its stores.
Walmart is testing 360 janitorial robots in its stores, Bloomberg reports. In detail, the machines are robotic floors scrubbers built by a company called Brain Inc.
Robots are conducting inventory in some Walmart stores, Bloomberg claims. In addition, Walmart is testing robots that pull grocery orders in fulfillment centers and superstores, TechCrunch reports. A company called Alphabot builds the robots