|Day's range||20.35 - 20.45|
Five Below (NASDAQ: FIVE) has been of the few winners in the retailing industry through the latest market downturn. Walmart and Target stocks have declined in that time. Instead of flat comparable-store sales trends, as management had initially forecast back in late October, comps rose 2%.
BENTONVILLE, Ark., March 21, 2023--Sam's Club®, a division of Walmart Inc. and a leading membership warehouse club, is announcing that advertisers can now attribute in-club purchases to their search ads. This innovation means Sam’s Club is among the first and possibly the only retail media platform to connect search and sponsored product ads to offline sales.
Amazon (NASDAQ: AMZN) doubled its fulfillment network footprint from 2019 through 2021, but now it's focused on precision and speed. While Amazon has gotten a lot of flack about potentially overbuilding its fulfillment network, it's not going to stop building. The investment is supporting a growing number of same-day shipments for its Prime members, and it could be the key to winning back retail sales from Walmart, Target, and other physical retailers.