Wal-Mart Stores, Inc. (WMT) Changes Course From “Supercentres” To “Neighbourhood Stores”

The CNBC team, in its popular segment “Squawk on the Street analyzed the commentary provided by global retailing giant Wal-Mart Stores, Inc. (NYSE:WMT) U.S Operations Chief Executive Officer, Bill Simon, with respect to the impact that improving economic indicators like the recently released U.S jobs data for the month of June could have on the prospects of the $246 billion market cap firm.

Most Valuable Brands in 2013

Wal-Mart Stores, Inc. (NYSE:WMT) U.S head had recently indicated that the improving jobs data had yet to show its positive impact on the consumer spending sentiments as observed in U.S retail store sales. The CNBC team also highlighted the efforts being put in by the struggling Wal-Mart Stores, Inc. (NYSE:WMT) under the helmsmen ship of its global President and Chief Executive Officer, Douglas McMillon, to turn the battle ship around.

“Squawk on the Street” presenters pointedly underscored the weakness that Wal-Mart Stores, Inc. (NYSE:WMT) operations have demonstrated in recent past, as demonstrated by “five straight quarters of loss” that the retailer has suffered due to the declining store traffic, which is triggered by sluggish consumer sentiment and the faster growth of e-commerce.

The Squawk team also highlighted the turnaround efforts that Wal-Mart Stores, Inc. (NYSE:WMT) is attempting by moving away from its larger than life “Supercentres” and “Superstores” and setting up more number of “smaller centres” which are more easily accessible to customers by locating them in neighbourhood.  E-commerce is the other area of focus that the retailer is heavily investing into in order to get in touch with the customer, the Squawk team noted.

The presenters on CNBC also noted that turning around Wal-Mart Stores, Inc. (NYSE:WMT) is akin to turning around a huge ocean liner, thanks to its huge scale of operations, in terms of sales volume and its geographical spread of the retailer.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!