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Stockreport

Walmart and Target face new self-checkout retail theft problems [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
"Self-checkout technology is typically positioned by retailers as a consumer service at the front end of stores that enables associates to be deployed in other areas more valuable to shoppers," according to RetailWire Retail experts disagree as to whether consumers actually want self-checkout. "A lot of shoppers don't like self-checkout because they see it as a job killer. Then there's the matter of feeling resentful over doing a retailer's work for them," a managing partner at RSR Research posted on RetailWire. Her Brain Trust colleague, Ken Morris, the former CEO of LakeWest Group, disagrees. "Self-checkout will be an essential response to the labor shift," he wrote. Retailers, especially supermarkets and large department stores, including Walmart and Target, have faced theft issues with self-checkout. Now, new research from LendingTree shows that who is stealing and how consumers feel about theft is creating a new problem for stores. Higher-income earners are stealing [Read more]
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Stockreport

Walmart and Target face new self-checkout retail theft problems [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
"Self-checkout technology is typically positioned by retailers as a consumer service at the front end of stores that enables associates to be deployed in other areas more valuable to shoppers," according to RetailWire Retail experts disagree as to whether consumers actually want self-checkout. "A lot of shoppers don't like self-checkout because they see it as a job killer. Then there's the matter of feeling resentful over doing a retailer's work for them," a managing partner at RSR Research posted on RetailWire. Her Brain Trust colleague, Ken Morris, the former CEO of LakeWest Group, disagrees. "Self-checkout will be an essential response to the labor shift," he wrote. Retailers, especially supermarkets and large department stores, including Walmart and Target, have faced theft issues with self-checkout. Now, new research from LendingTree shows that who is stealing and how consumers feel about theft is creating a new problem for stores. Higher-income earners are stealing [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS