World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Wal-Mart’s Outlook Cut Shows Struggle to Grow Sales
Keywords:
Wal-Mart's second quarter 2015 earnings decline by 15% over the prior year. Wage increases with minimum wage raised to $10 by Feb 2016. Wal-Mart is making investments in more employees per store, adding people at checkout lines to improve service, improving the look and feel of stores to get shoppers back and reverse earlier declines in per store sales. Per store sales increasd by 1.5% for the second quarter 2015, the fourth quarter of increases before a period of falling per store sales. Competing for sales are Amazon and dollar stores. Wal-Mart is also investing in online sales with the lower margins in this field. Wal-Mart's profit for the second quarter was $3.48 billion compared to $4.08 billion the prior year. Total revenue of $120.8 billion was close to what it was in 2014. Wal-Mart's strategies include asking suppliers to offer more price cuts and to put less into marketing, asking suppliers to pay additional fees for warehousing, and stocking from the shop floor for retail shelves instead of going to the backroom storage. Forecasts for online sales are lowered to reflect weaker international sales in UK, Brazil, with overall online sales growth now at high teens instead of the 20% range. The Chinese e-commerce site Yihaodian was acquired for $760 million for full ownership.
Wal-Mart financial performance
05/18/2011
Grouped Articles
Wal-Mart Says Customers Remain 'Stretched'
Wall Street Journal 05/17/2013
Shoppers Can't Shake the Blues
Wall Street Journal 11/17/2013
Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Walmart Names New Head of Foreign Operations
New York Times 12/10/2013
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Wal-Mart Takes Another Hit on Sales
Wall Street Journal 05/16/2014
Wal-Mart's declining U.S. sales- 2010-2014
02/22/2011
Grouped Articles
Shoppers Can't Shake the Blues
Wall Street Journal 11/17/2013
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Wal-Mart Takes Another Hit on Sales
Wall Street Journal 05/16/2014
Wal-Mart Looks to Grow by Embracing Smaller Stores
Wall Street Journal 07/08/2014
Walmart U.S. Chief Leaving; Successor Headed Asian Unit
New York Times 07/24/2014
Wal-Mart Warns of Rough Patch for Sales, Profits
Wall Street Journal 10/16/2014
Wal-Mart's same day delivery service in its competition with Amazon
10/09/2012
Grouped Articles
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Wal-Mart Notches Web Win Against Rival Amazon
Wall Street Journal 05/06/2014
Wal-Mart Looks to Grow by Embracing Smaller Stores
Wall Street Journal 07/08/2014
Wal-Mart Warns of Rough Patch for Sales, Profits
Wall Street Journal 10/16/2014
Wal-Mart’s Big Box Shows Cracks
Wall Street Journal 05/20/2015
Wal-Mart’s Outlook Cut Shows Struggle to Grow Sales
Wall Street Journal 08/19/2015
Wal-Mart strategy 2010-2016
03/16/2010
Grouped Articles
Wal-Mart to Expand Its Financial Services
Wall Street Journal 03/16/2010
Wal-Mart Names New Head of U.S. Operations
New York Times 06/29/2010
A Fashion Identity Crisis at Wal-Mart
Wall Street Journal 07/28/2010
Walmart Names New Head of Foreign Operations
New York Times 12/10/2013
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Wal-Mart Takes Another Hit on Sales
Wall Street Journal 05/16/2014
Wal-mart strategy 2010-2016
06/29/2010
Grouped Articles
Wal-Mart Drops Ambitious Expansion Plan for India
New York Times 10/09/2013
Shoppers Can't Shake the Blues
Wall Street Journal 11/17/2013
Wal-Mart Names New Head of U.S. Operations
New York Times 06/29/2010
Wal-Mart Taps Veteran Doug McMillon as New CEO
Wall Street Journal 11/25/2013
A Fashion Identity Crisis at Wal-Mart
Wall Street Journal 07/28/2010
Wal-Mart's Big-Box Formula Comes Under Strain
Wall Street Journal 02/21/2014
Wal-mart and the competition with Amazon for online sales - 2014-2015
05/06/2014
Grouped Articles
Wal-Mart Notches Web Win Against Rival Amazon
Wall Street Journal 05/06/2014
Wal-Mart Looks to Grow by Embracing Smaller Stores
Wall Street Journal 07/08/2014
Wal-Mart Warns of Rough Patch for Sales, Profits
Wall Street Journal 10/16/2014
After a Bump in Sales, Walmart Braces for a Competitive Holiday Season
New York Times 11/13/2014
Walmart, Lagging in Online Sales, Is Strengthening E-Commerce
New York Times 06/05/2015
Wal-Mart’s Outlook Cut Shows Struggle to Grow Sales
Wall Street Journal 08/19/2015
Sharp decline in employees per store at Wal-Mart and drop in service standards
04/03/2013
Grouped Articles
Walmart Strains to Keep Grocery Aisles Stocked
New York Times 04/03/2013
Wal-Mart’s Big Box Shows Cracks
Wall Street Journal 05/20/2015
Walmart Adjusts the Thermostat to Warm Worker Relations
New York Times 06/03/2015
Wal-Mart’s Outlook Cut Shows Struggle to Grow Sales
Wall Street Journal 08/19/2015
Wal-Mart's slower growth and declining profits with increasing competition in 2015-2016
08/18/2015
Grouped Articles
Wal-Mart’s Outlook Cut Shows Struggle to Grow Sales
Wall Street Journal 08/19/2015
Sales at Wal-Mart’s U.K. Business Asda Fall Nearly 5%
Wall Street Journal 08/19/2015
Walmart Cuts Outlook, Citing Rising Wages and Online Investment
New York Times 08/18/2015
Walmart Chief Defends Investments in Labor, Stores and the Web
New York Times 10/18/2015
Wal-Mart Finds Itself Boxed In
Wall Street Journal 11/17/2015
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us