Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (1010)	2/26/2000 7:05:00 PM
From: TechMkt	Respond to of 1166

Nestle says Wal-Mart squeezing its margins By Rex Nutting, CBS MarketWatch Last Update: 3:46 PM ET Feb 26, 2000 VEVY, Switzerland (CBS.MW) -- Nestle, the Swiss food giant, is worried that Wal-Mart's invasion of British retailing will put more pressure on prices and profit margins for food manufacturers, the Times of London reported Saturday. Reporting 1999 earnings of $2.9 billion, Nestle (NSRGY: news, msgs) Chairman Peter Blackburn warned Friday that "Wal-Mart (WMT: news, msgs) has set itself up as the consumer's champion." See related story. "The big issue facing everyone today is price and no one has price increases on the agenda," Blackburn said.

To: Robert J Mullenbach who wrote (1010)	2/27/2000 9:02:00 PM
From: Dennis	Read Replies (2) \| Respond to of 1166

OK ....i understand what you were saying now about the fleet of trucks thing....does anyone out there have a price at which Wally would be a steal???...looking to get in ...again....TIA Good Luck Everyone.....except Uncle Al. gg

To: Robert J Mullenbach who wrote (1010)	3/8/2000 10:40:00 PM
From: TechMkt	Respond to of 1166

Oracle, Chevron, Wal-Mart In Online Pact (03/08/00, 4:33 p.m. ET) By Reuters SAN FRANCISCO (Reuters) - Oracle, the leading database software maker, will join with Chevron and a division of Wal-Mart Stores in creating an online marketplace for the convenience-store industry, the companies said on Wednesday. The exchange will link convenience stores to suppliers, using Oracle's electronic-business platform, Chevron's existing retail Internet business plan and the convenience-store distribution network of Wal-Mart's McLane Co., the companies said in a joint statement. "These powerful online exchanges mark a turning point for whole industries racing to leverage the Internet for real economic gain in the new economy," Oracle CEO and chairman Lawrence Ellison said. The deal is latest in which Oracle's technology was selected for a business-to-business network involving large retailers, after a venture announced last month with Sears Roebuck and Co., the No. 2 U.S. retailer, and France's Carrefour Supermarche. Oracle stock shot up after the news, rising 8 1/16 to 83 in late Nasdaq market trade, to its highest in at least 12 months. Wal-Mart shares were up 1 8/16 to 49 1/16 on the New York Stock Exchange, and Chevron slipped 1/2 to 81 1/2. The three companies would each hold equity interest in the company, to be named RetailersMarketXchange.com. The new marketplace is expected to start up during the summer. While the project would originally focus on convenience store retailers, such as Chevron's service station stores, it could later be expanded to other types of small to medium-sized businesses.

To: Robert J Mullenbach who wrote (1010)	5/4/2000 9:27:00 AM
From: TechMkt	Read Replies (1) \| Respond to of 1166

Thursday May 4 8:40 AM ET Wal-Mart Same-Store Sales Up 10.9 Pct. BENTONVILLE, Ark. (Reuters) - Wal-Mart Stores Inc., the No. 1 U.S. retailer, on Thursday said sales at stores open at least a year rose 10.9 percent in April, while net sales climbed 29.4 percent, to $14.14 billion from $11.01 billion a year earlier. Sales for the 13 weeks ended April 28 totaled $44 billion, up 23.6 percent from $35.6 billion a year earlier. The retailer's warehouse unit Sam's Club posted sales for the four weeks ended April 28 of $1.91 billion, up 10.6 percent from $1.72 billion a year earlier. For the 13 weeks, Sam's Club sales rose 6.8 percent to $6.13 billion from $5,74 billion.