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Walmart’s Cautious Outlook Overshadows Q3 Earnings Beat
Walmart Inc. showcased resilience with higher-than-anticipated sales in its fiscal third quarter, but the retail giant’s cautious outlook sent its shares tumbling. Despite beating Wall Street’s earnings estimates and witnessing a rise in sales, Walmart’s careful stance reflects a broader concern over changing consumer spending patterns as the holiday season approaches. Walmart’s mixed financial report…
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Amazon Eyes Entry into Veterinary Telehealth, Taking on Walmart in the Growing Pet Care Market
In a move that pits it against retail giant Walmart, Amazon is considering entering the veterinary telehealth market. Amazon, a key player in the pet food and supplies sector, is exploring this expansion as a strategic step to tap into the burgeoning $137 billion pet market. This comes on the heels of Walmart’s venture into…
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Walmart’s Rising E-Commerce Strategy: A Challenge to Amazon’s Dominance
In the sweltering heat of a Las Vegas summer, while Christmas celebrations were in full swing, Walmart was plotting its strategy to tackle e-commerce giant Amazon. During an invitation-only conference, businesses collaborating with Walmart were offered an incentive to waive storage fees during peak season. Doug McMillon, Walmart’s CEO, appealed to the gathering, “We hope…