Wal-Mart put volume heavy and directionally bearish » 14:1509/2909/29/22
Bearish flow noted in…
Bearish flow noted in Wal-Mart with 23,297 puts trading, or 1.0x expected. Most active are Oct-22 132 puts and 9/30 weekly 132 puts, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 2.10, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 15th.
Walmart opens fulfillment center in Joliet, IL » 12:0309/2809/28/22
Leaders from Walmart,…
Leaders from Walmart, government officials and community members joined Walmart associates in Joliet to celebrate the grand opening of Walmart's 1.1M square-foot Next Generation fulfillment center, located at 3501 S. Brandon Road. Walmart FCs work to store millions of items, available on Walmart.com, that are then picked, packed and shipped directly to customers. The new state-of-the-art facility will also fulfill Marketplace items shipped by Walmart Fulfillment Services, Walmart's end-to-end fulfillment service for third-party eCommerce sellers. The new Joliet fulfillment center will be the first of four next-gen FCs, announced earlier this year, that will feature a new patent-pending process powered by the combination of people, robotics and machine learning.
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What You Missed This Week in Video Games » 12:2709/2709/27/22
RBLX, WMT, OTGLY, UBSFY, EA, ATVI, NVDA, LOGI, TTWO, NFLX, GOOGL, GOOG, MSFT, SONY, NTDOY
"Game On" is The Fly's…
Walmart names Kindbody as provider for fertility, family-building benefits » 09:3809/2709/27/22
Walmart named Kindbody as…
Walmart named Kindbody as the fertility provider for its new Center of Excellence for family-building benefits. Associates will have access to Kindbody's network of facilities across the U.S., including a new state-of-the-art clinic and in vitro fertilization lab in Rogers, Arkansas that will provide comprehensive virtual, at-home, and in-clinic care. The new facility is expected to open later this year.
Walmart announces launch of two new experiences in Roblox » 09:0309/2609/26/22
Walmart (WMT) is…
Walmart (WMT) is announcing the launch of two new experiences in the metaverse mega-platform, Roblox (RBLX). Called Walmart Land and Walmart's Universe of Play, the spaces offer interactive content and entertainment for customers, bringing to life the Walmart's 'isles' in a virtual world. Walmart Land will bring fashion, style, beauty and entertainment items directly to the global Roblox community of over 52M daily users. The retailer will continue to bring the fun with Walmart's Universe of Play - the ultimate virtual toy destination in Roblox, just in time for those oh-so-real holiday wish lists.
Walmart to welcome 40,000 associates for seasonal, full-time roles » 10:5809/2109/21/22
The company said,…
The company said, "To help busy families focus on what matters most this season, we'll be welcoming approximately 40,000 additional associates in a variety of seasonal and full-time roles across our business. That will include: Seasonal store associates to provide an outstanding experience for customers however they want to shop, whether that's in-store or using our pickup and delivery services. Full-time, permanent truck drivers, who keep our company moving year-round. Customer Care associates to make sure there's a knowledgeable, friendly voice on the other end of the line in our customer call centers this season. As we prepare to serve customers this season, we'll begin, as usual, by offering additional hours to current associates who want them. In fact, it's never been easier for part-time associates to pick up extra shifts and build their own schedules with the flexibility they want. After that, we'll offer the opportunity for those who want to earn extra money working on a temporary basis."
West Virginia AG announces opioid settlement with Walmart and CVS » 15:3309/2009/20/22
West Virginia Attorney…
West Virginia Attorney General Morrisey is giving an update on the opioid settlement in a livestreamed press conference. Reference Link
Walmart Canada announces $1B in major infrastructure investments this year » 14:4409/2009/20/22
Walmart Canada is…
Walmart Canada is investing $1B in infrastructure this year as part of the retailer's efforts to speed up and transform the business for its customers.A cornerstone of the investment includes more than $100M to build a new high-tech sortable fulfillment centre near Montreal in Vaudreuil-Dorion, Quebec - the first of its kind for Walmart in the province. The new facility, currently slated to open in 2024, will offer better product availability and quicker service for customers choosing to shop in-store or online at Walmart.ca. This year's $1B investment also includes plans to update and remodel a record number of stores in a year. Store changes include modernizing and upgrading physical spaces with a focus on improving the customer experience both in-store and online. These projects are all part of Walmart Canada's multi-year $3.5B investment to make the online and in-store shopping experience simpler, faster and more convenient for customers as the retailer invests for continued growth to help more Canadians save money and live better. Reference Link
Walmart Connect partners with Firework for shoppable video content » 09:0709/2009/20/22
Walmart's closed loop omnichannel media business Walmart Connect has signed a partnership agreement with Firework, a video e-commerce solution, to bring livestream and premium shoppable video content to Walmart's experience. By partnering with Firework, Walmart Connect aims to bring shoppable, short-form, social-media-style videos to its own digital properties while also making them available to advertisers. Firework partnered with Walmart Connect to launch a live shopping experience in support of Walmart's Mega Beauty Event with partners J&J, L'Oreal, P&G and Unilever. Walmart Connect is a retail media platform that connects advertisers with Walmart customers.
Singing Machine enters partnership with Sam's Club » 07:0509/2009/20/22
The Singing Machine…
The Singing Machine Company announced it has launched 3 new karaoke products into over 550 Sam's Club locations nationwide and 1 new item into more than 100 Sam's Club Mexico locations. The new fall program will feature the new Singing Machine Singcast Ultimate, Singing Machine Groove Mini, and Party Machine Duet Microphones. This program is intended to appeal to a wide variety of consumers as the Company heads into the peak holiday season.