(Reuters) - Wal-Mart Stores Inc (WMT.N) said on Thursday it would close 30 underperforming stores in Japan, scaling back in what was once considered one of the retailer's most promising markets and highlighting the hurdles it faces to securing growth ...
Wal-Mart Stores, Inc. (NYSE: WMT) stock has risen from the $40s to just above $80 over the last few years. Even if the company is hitting on all cylinders, a pause or retracement may actually be healthy from a technical perspective.
WAL-MART STORES INC' earnings per share from the most recent quarter came in slightly below the year earlier quarter. The company has suffered a declining pattern of earnings per share over the past year.
And though Wal-Mart might not have invented site-to-store free shipping, its adoption of the concept forced rivals like Target (NYSE: TGT ) and Macy's (NYSE: M ) to eventually offer the service to their customers, too.
The size and dominance of Wal-Mart (NYSE: WMT ) is simply mind-boggling. The company has over 11,000 locations worldwide, and employs more folks than any other publicly traded company in existence: 2.2 million people.