With the holidays just over and seasonal results awaiting announcement, Walmart has made a number of executive changes including the replacement of evp/chief merchandising officer Steve Bratspies in the U.S. business by Scott McCall and the appointment of Dacona Smith as COO Walmart U.S.
Walmart CEO Doug McMillon is the first annual HomeWorld Business Retail Executive Of The Year.
In a new marketing campaign touting the company’s mobile-checkout scanning technology, Sam’s Club is featuring two of the world’s fastest athletes, champion sprinters Usain Bolt and Allyson Felix, to highlight the speed and ease of its Scan & Go service in a series of digital videos.
Walmart powered through a strong second quarter, with comps gaining 2.8% in the U.S. and the retailer’s e-commerce operations boosting sales.
Walmart is reportedly making organizational changes as it continues to integrate its store, digital and omnichannel operations, according to a memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees.
With rain and flooding continuing and expected to worsen across much of the Midwest and South, and communities in Ohio, Kansas, Missouri, Indiana, and Texas still experiencing ongoing relief needs due to the recent outbreak of tornadoes, Walmart, Sam’s Club and Walmart.org have committed to double the support provided so far this spring, bringing the total commitment to $1 million.
According to eMarketer, Walmart will overtake Apple to become the third largest e-commerce retailer in the U.S. by the end of the year, with online sales growth outpacing even Amazon.com gains.
The Walmart U.S. business delivered the best quarterly comp sales results for the retailer in more than a decade during the second quarter. Walmart also highlighted new features in its home category online shopping platform as well as the expansion of its brand assortments.
Walmart is testing a smaller format retail concept from its Sam’s Club division, according to a recent report in the Dallas Morning News.