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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

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Areas where the company showed strength and invested the most energy to change offer clue as to how U.S. Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. Net income totaled $3.99 billion, up 3.9 percent from $3.84 billion a year earlier. Safety First .

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

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Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.

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Walmart Shares Up Across The Board On Big Earnings Beats

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The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. Also a highlight was eCommerce, with Walmart reporting 40 percent growth during the second quarter.

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Toy Maker CEO Leads Pledge Of $200M To #SaveToysRUs

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after failing to restructure its debt or find a buyer, Reuters reported. Since a leveraged buyout, Toys R Us has been burdened with over $5 billion in debt. Competition from eCommerce retailers such as Amazon and discount stores such as Walmart hasn’t helped the company either. including those under the Babies R Us banner.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

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Fitch names rue21 as a retailer at a “high risk of default” because of its bond debt, declining foot traffic, competition from eCommerce and other retailers and “a lack of a compelling product line.”. billion leveraged buyout in 2013. A restructuring pact has been established with lenders. Along with Claire’s Stores Inc.,

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The Rise And Fall Of Toys R Us

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Lazarus leveraged computer technology for inventory before most, which enabled him to discover trends faster than his competitors in the 1980s. What’s certain is that the company started cutting back on its stock and struggled — along with every other retailer — in the face of rising eCommerce popularity. Slow Decline Sets in.

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Uber’s Rough Ride Of A Week

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All of this [bad] news is expected to impact the rather complex investment deal that Uber and a SoftBank-led consortium are trying to close in order to add $7 billion to the $10 billion flow into Uber’s coffers. eCommerce fraud and account takeover fraud are on the rise, and consumers should gird for some lumps of coal amid the holiday cheer.