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In 2Q17, $WMT's comp store inventory was down 6.5% and in-stock levels were up. On a constant currency basis, GMV grew 13% and e-commerce sales increased 11.8%. The US results were stronger than those in key international markets. This was due to growth in marketplace offering in the US, roll-out of online grocery and growth of pick-up in stores.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.