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Tag: competitor

Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

Walmart‘s answer to Amazon Prime will launch this month, according to a report by Vox’s Recode. The big-box giant confirmed in February that it plans to roll out a subscription-based service called Walmart+, but it hasn’t revealed details or its strategy to attract members and stand out from competitors. Shares rose by nearly 7% Tuesday to …

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Walmart is working on an Amazon Prime competitor, Walmart+

Amazon CEO Jeff Bezos (l) and Doug McMillon, CEO of Walmart. Getty Images | CNBC Walmart is working on a competitor to Amazon Prime, called Walmart+, a spokeswoman confirmed to CNBC on Thursday. The big-box retailer has over the past 18 months been exploring making its own paid membership model that would include certain perks …

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Five Below plummets, and technician backs competitor stock as buy

Five Below had a chilling day to begin the week. The discount retailer plummeted 11% on Monday in its worst performance since 2015. Ari Wald, head of technical analysis at Oppenheimer, says the discount retail space looks weak here, but there is one name he’d bet on. “The group as a whole has really been …

Five Below plummets, and technician backs competitor stock as buyRead More