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Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide.
The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart. com. mx, walmart. ca, flipkart. com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
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The leading retailers' shares have risen since their new CEOs took over.
The Zacks Retail - Supermarkets industry is evolving through digital transformation, diversified growth platforms and margin pressure, with WMT and KR well-positioned to navigate the shift.
Recently, Zacks.com users have been paying close attention to Walmart (WMT). This makes it worthwhile to examine what the stock has in store.
Top insights from the latest market news from Friday, April 10, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
BIP Wealth LLC boosted its stake in shares of Walmart Inc. (NASDAQ: WMT) by 86.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,568 shares of the retailer's stock after purchasing an additional 18,399 shares during the quarter. BIP Wealth LLC's
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