Followers | 273 |
Posts | 55399 |
Boards Moderated | 23 |
Alias Born | 08/29/2007 |
Tuesday, March 19, 2024 6:23:16 AM
Walmart ($WMT) isn’t just selling groceries and clothes anymore — it’s also selling software to logistics giants. The company now offers its Route Optimization tool, which helps businesses map efficient delivery routes. It saved Walmart over $90M in a year as part of a surprising embrace of SaaS (“software as a service”).
Walmart’s move into software marks a diversification strategy, as the retail giant aims for faster-growing businesses and higher profit margins, as reported by Bloomberg.
The introduction of Route Optimization, Store Assist, and its AI-powered search also positions Walmart as a first-mover in AI — boosting efficiency for both shoppers and retailers.
Thinking beyond retail: Earlier this month, Walmart acquired Vizio ($VZIO) in an effort to enter the connected TV space. Walmart sees significant profit potential in this area, particularly through advertising across its properties. Last year, its ad business grew by 28% to $3.4B — a far cry from Walmart’s retail numbers but indicating a promising segment that should grow in the coming years.
I am writing a book, American Cars of 1958. Check often for the latest addition. https://investorshub.advfn.com/American-Cars-of-1958-37252/
Recent WMT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/30/2024 08:35:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/30/2024 08:31:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/26/2024 08:32:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/26/2024 02:34:31 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/24/2024 09:19:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 11:43:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 11:41:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/19/2024 11:39:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/19/2024 09:45:32 PM
- Walmart Unveils its Holiday Plans with Early Shopping Deals and Affordable Meals • Business Wire • 09/19/2024 04:01:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 08:46:23 PM
- Meta Strengthens Child Privacy on Instagram; Google Overturns $1.7 Billion Antitrust Fine; Snap Updates Spectacles • IH Market News • 09/18/2024 10:13:07 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/17/2024 09:27:42 PM
- Sam’s Club Reimagines Workforce Compensation; Launches New Plan Focused on Providing More Predictable Financial Futures for Hourly Associates • Business Wire • 09/17/2024 02:07:00 PM
- Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon • IH Market News • 09/17/2024 10:40:35 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 08:17:21 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 09/16/2024 08:09:38 PM
- Intel Secures $3.5 Billion Subsidy, Stellantis Backs EU Emissions Targets, BP and Apollo Reach $1 Billion Deal • IH Market News • 09/16/2024 10:03:27 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 09:46:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 09:43:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 09:38:31 PM
- OpenAI Unveils Strawberry AI Model Series; Boeing Stock Falls 4% Amid Strike; HR Surges 20% on Growth Forecast • IH Market News • 09/13/2024 10:12:55 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 08:32:15 PM
- Walmart Raises the Bar for Inclusive Shopping with Specialized Caroline's Carts in Tennessee • Business Wire • 09/12/2024 12:00:00 PM
- Walmart Raises the Bar for Inclusive Shopping with Specialized Caroline's Carts in New Mexico • Business Wire • 09/12/2024 12:00:00 PM
FEATURED Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking School, Integrating Automation and Robotics with World-Class Culinary Training • Oct 1, 2024 8:30 AM
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • Oct 1, 2024 7:00 AM
Integrated Ventures, Inc Reports Total 2024 Revenues Of $5,863,935 vs $3,862,849 for 2023. • INTV • Oct 1, 2024 9:00 AM
Element79 Gold Corp secures loi for launching tailings reprocessing business in Arequipa, Peru • ELMGF • Oct 1, 2024 6:38 AM
BARRON'S COVE to Premier at the Hamptons International Film Festival • APHP • Sep 30, 2024 2:56 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM