Walmart streamlines returns process with new mobile effort

Wal-Mart promises 30-second returns in stores, as Amazon tries to catch up

Wal-Mart promises 30-second returns in stores, as Amazon tries to catch up

Carol Spieckerman, a retail consultant and president of Spieckerman Retail, believes Wal-Mart's new return options are another "real step in the right direction" in finding solutions to problems that often can alienate customers. (NASDAQ:SONS). Manufacturers Life Insurance The owns 39,957 shares or 0% of their United States portfolio. Understanding Profitability at Wal-Mart Stores, Inc. Iridian Asset Management Limited Liability Corporation Ct owns 2,500 shares. First, you have to select the transaction and the item that you want to return then follow the prompts until the process is complete.

Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. WALTON ALICE L sold $193.96M worth of stock or 2.48 million shares. The disclosure for this sale can be found here. Over the last three months, the shares of the company have changed 9.61% and performed 10.22% over the last six months. Inc. boosted its holdings in shares of Wal-Mart Stores by 456.9% during the 2nd quarter. (NYSE WMT) opened at 79.00 on Monday. The company has Relative Strength Index (RSI 14) of 55.42 together with Average True Range (ATR 14) of 0.44. The stock closing price is now trading upward to its 50 day moving average with change of 1.03%, escalated to its 20 day moving average with figure of 1.37% and above its 200 day moving average with value 7.95%. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $81.99.

The company claims the streamlined new approach will slash the time it takes to return an item from roughly five minutes to just 30 seconds.

The company reiterated its per-share earnings guidance for next year and launched a two-year, $20 billion share repurchase program.

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WalmartWalmart is simplifying the process for customers returning merchandise bought through its website in the store. The business's revenue for the quarter was up 2.1% compared to the same quarter previous year. Wal-Mart Stores's revenue was up 2.1% on a year-over-year basis. On average, analysts expect that Wal-Mart Stores will post $4.32 EPS for the current fiscal year.

WMT has been the subject of a number of research reports.

Ratings analysis reveals 49% of Wal-Mart Stores Inc's analysts are positive. Wal-Mart Stores Inc had 110 analyst reports since August 14, 2015 according to SRatingsIntel. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of US & global copyright & trademark law.

Amazon especially is making large bets in the physical world, the most notable being its $13.7 billion acquisition of Whole Foods, which has only 400 stores. Wal-Mart has said that in some markets, the online grocery offering brings in customers who've never shopped at the retailer before.

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