WSJ: Walmart to offer logistics outside its own marketplace sales
THE WALL STREET JOURNAL reports: (The retailer’s new services for third-party sellers take a page from ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
2018 has begun with a rash of rumours about the possibility of US retail behemoth Home Depot making a bid for XPO Logistics, which is being valued by analysts in the $9bn region. The reason given is that the Home Depot board has been looking at how to defend its business from the Amazon threat and concluded that a large-scale investment in logistics might be key, according to this report from Recode. It’s a fascinating idea, but probably likely to remain just that, says this post from Freight Waves, which cites analyst Stifel as claiming the deal won’t go ahead for two reasons: Home Depot only accounts for 3-4% of XPO’s revenues; and secondly XPO is sitting on a huge pile of cash, and there’s very little point in buying money
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