Search This Blog

Wednesday, July 30, 2014

Walmart: Retail powerhouse past its prime? - Jul. 30, 2014

Walmart may not go the way of RadioShack (RSH) any time soon. But Goldman Sachs says that customers are abandoning the big-box pioneer in droves.

On Tuesday, the investment bank downgraded Walmart (WMT)'s stock to 'Neutral,' saying that big-box stores are losing out to online retailers and stores with more focused inventories.


Walmart: Retail powerhouse past its prime? - Jul. 30, 2014

No comments:

Post a Comment