Register

I agree with the Privacy Policy

In The News

Walmart Posts Healthy Second-Quarter 2019 Financials

August 15, 2019

Media Play News

Future of Video

The nation’s largest retailer continues to lead in DVD and Blu-ray Disc sales, devoting significant retail space to the category, including point-of-purchase displays and ubiquitous dump bins.

“We still sell a lot of DVDs at Walmart,” Thomas Hughes, EVP of worldwide TV & digital distribution at Lionsgate, told attendees Dec. 11 at the Parks Associates’ “Future of Video” confab in Marina del Rey, Calif. “We’re on the coasts, so we don’t see it. But other people still buy DVDs.”

On an Aug. 15 earnings call with analysts to discuss the latest financial results, Greg Foran, Walmart US president and CEO, said, “We saw a strong growth in grocery … and general merchandise comps. They were up despite softness from some of weather-sensitive categories like lawn and garden and apparel. We’re really pleased with market share gains across grocery and general merchandise.” The general merchandise category includes DVDs and Blu-ray Discs.

From the article "Walmart Posts Healthy Second-Quarter 2019 Financials" by Thomas Arnold.

Previously In The News

Virtual Reality Headset Penetration to Reach 81 Million by 2020

Not surprisingly, young adult Millennials will fuel rapid growth in VR sales and usage, according to recently released research from Parks Associates. Twelve percent of male and five percent of female...

CBS, Sling TV, Showtime Move Up Among Top 10 OTT Subscription Services

Netflix’s reign as the largest subscription-based over-the-top (OTT) streaming video on-demand (SVOD) service continues (no surprise there), but there was movement in Parks Associates’ ranking of the...

Parks Sees Apple Watch Market Share Gains Ahead Amidst Greater Device Engagement

New market research from Parks Associates reveals Apple Watch owners are more engaged with their connected wearable devices than other brands. Three in 10 Apple Watch owners (31%) use voice commands t...

Attitudes Toward IoT, Virtual Reality: Do Rewards Outweigh Risk?

Eight percent of U.S. young adult Millennials (1.5 million) intend to purchase a VR headset this year, according to market research from Parks Associates released in September. That’s more than double...

‹
1
2
...
495
496
497
498
499
500
501
...
580
581
›