Walmart’s McMillon: Retail Executive Of The Year
Welcome to 2020. Yes, 2020. Let that sink in for a moment.
doug mcmillon
Walmart’s McMillon Named HomeWorld Business Retail Executive Of The Year
Walmart CEO Doug McMillon is the first annual HomeWorld Business Retail Executive Of The Year.
Walmart Q1 Comps Grow, Retailer Warns On Tariffs
First quarter comparable store sales at Walmart were up 3.4%, the fourth consecutive quarter in which the retailer reported comp-store gains above 3%.
Walmart Makes Flipkart Investment Official
The much talked about deal between Walmart and Flipkart is now official, as the U.S.-based discounter is investing $16 billion in the India-based e-commerce outlet.
McMillon: People, Technology To Build Walmart’s Future
At the company’s 47th annual shareholders’ meeting, Wal-Mart Stores president and CEO Doug McMillon said the retailer had begun inventing the future of shopping “again.”
Walmart: Momentum, Investments Will Drive Results
As part of its 2016 investment community meeting, Wal-Mart Stores said it plans to outline the company’s strategic framework to its omnichannel strategy, which includes continued investment in digital products and integration of Jet.com into more comprehensive Internet operations.
Walmart Buys Jet.com For $3.3 Billion
Walmart is acquiring e-commerce pure play Jet.com in a deal officials with the Bentonville, AR-based retailer said would allow the company to accelerate its online growth.
Home Supports Walmart Q1 Gains
Wal-Mart reported positive developments for the company overall in its first quarter, with home goods providing a boost to Walmart’s…
Walmart Posts Mixed Results, Home Has Solid Performance
Wal-Mart Stores posted mixed results for the fourth quarter although the performance of the home department was “solid.” For the…
Walmart Drops Express Format While Closing 269 Stores
Wal-Mart Stores plans to close 269 stores in the United States and in international markets. The company said it plans…
Walmart Touts Sustainability Progress
As part of its sustainability goals, Wal-Mart Stores said it has fulfilled commitments to reduce 20 million metric tons of…
Despite Costs And Currency, Wal-Mart Posts Strong Q3
For the third quarter ended October 31, Wal-Mart Stores beat a Zacks Investment Research analyst average earnings estimate of 97…
Wal-Mart Growth Investments Pressure Fiscal Year Outlook
At its 22nd annual investment community meeting held today, October 14, Wal-Mart Stores noted that foreign exchange rate fluctuations and…
Walmart Cuts 450 Headquarters Jobs
Walmart has let go 450 employees at its Bentonville, AR, headquarters, the Associated Press reported on Friday. According to the…
Walmart Earnings Decline In Q2
Walmart has reported its second quarter results ended July 31 for its fiscal year 2016, showing an earnings decline and…
Q1 Sales, Income Slip At Walmart But Home Advances
Wal-Mart Stores sales and revenues fell slightly in the first quarter, and earnings stumbled more substantially. Income from continuing operations…