Walmart, Black Friday and Cyber Monday deals
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Walmart has faced stiff challenges over the past twenty years from e-commerce (Amazon) and big-box brick-and-mortar retailers (Target). At times, its retail dominance has been questioned, leading to investors selling shares. Recently, however, doubts have quieted, and Walmart’s stock price has soared.
Retailers like Target and Home Depot flagged cautious spending heading into the holidays. Walmart’s guidance will dictate market sentiment amid a federal data gap.
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A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition
“Bittersweet change (we’ll miss Doug) happening in time of strength,” was the assessment of TD Cowen analyst Oliver Chen in a research note that praised Walmart’s incoming CEO. “We also believe he has a similar servant-leader mentality and people / execution focus to Mr. McMillon. We expect a continuation of current strategies.”
A Walmart director told Newsweek: "The trust of our customers and the integrity of our platform remain paramount."
While Aldi's and Walmart's Thanksgivng holiday meal offerings share many of the same items, we take a closer look at how the two lists are different.
Doug McMillon, who will exit in January, has steered the retail giant to new heights through a pandemic, high inflation and political upheaval.
This year’s lineup covers every kind of fan. Walmart is carrying the classics like LEGO Star Wars and LEGO Marvel, along with kid-favorite themes such as LEGO City and LEGO Friends — each packed with 24 daily surprises that somehow make cold winter mornings feel magical.
Black Friday has been evolving as shoppers have moved away from shopping on one day to making purchases throughout the season, said Lauren Murphy, managing director at Wells Fargo Retail Finance. "In the last few years,