Tagged: doug mcmillon

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/22/2014 12:00 am

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.

Wal-Mart CEO Says Company's U.S. Workers Will Soon Make Above Federal Minimum Wage

by Lee Hogan 12/11/2014 2:47 pm

Employees of Wal-Mart Stores Inc. of Bentonville have protested for an increase in wages, and according to company CEO Doug McMillon, that raise is coming soon.

Wal-Mart Cuts Profit Outlook Amid Sluggish Sales, Less Traffic

by Associated Press 8/14/2014 7:26 am

Wal-Mart Stores Inc. cut its annual profit outlook on Thursday as the world's largest retailer faced another quarter of sluggish sales and traffic declines.

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

by Lance Turner 7/24/2014 7:56 am

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world’s largest company continue to dominate Arkansas Business’ annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Wal-Mart Takes Top Spot in Fortune Global 500

by Lee Hogan 7/8/2014 10:59 am

Wal-Mart Stores Inc. of Bentonville returned to the top of the Fortune Global 500 rankings that were released Monday.

Wal-Mart Tech Lab Buys Stylr, A Mobile App

by Associated Press 6/17/2014 9:16 am

Wal-Mart Stores Inc.'s innovation lab is diving deeper into mobile apps with another acquisition. The latest purchase for @WalmartLabs is Stylr, a mobile app that allows shoppers to find clothes in nearby stores.

Wal-Mart's Doug McMillon: Online Sales, Stores Make Customer Experience Better

by Anne D'Innocenzio, The Associated Press 6/6/2014 11:44 am

Wal-Mart's newly anointed CEO Doug McMillon said the world's largest retailer's task is to bring the changing world of e-commerce together with physical stores to help make customers' shopping experience better as technology evolves.

Wal-Mart Faces Big Hurdles As Shareholders Converge in Fayetteville

by Associated Press 6/5/2014 2:33 pm

The world's largest retailer faces new challenges at a time when low prices and one-stop shopping can be a few clicks away on a tablet computer or mobile phone. Wal-Mart's annual shareholders' meeting on Friday could offer clues as to how Doug McMillon, who became Wal-Mart's CEO in February, plans to deal with the biggest issues Wal-Mart faces.

Wal-Mart Fires Back at ISS, Which Criticized Its Board

by Associated Press 5/29/2014 2:06 pm

Wal-Mart, the world's largest retailer, fired back at a prominent proxy advisory firm that critiqued the company's executive pay plan and how it's handled an overseas bribery probe.

Video: Highlights From Wal-Mart CEO Doug McMillon's Appearance at Code Conference

by Lance Turner 5/28/2014 4:26 pm

Highlights from Wal-Mart Stores Inc. CEO Doug McMillon's appearance today at the Code Conference, put on by Kara Swisher and Walt Mossberg's tech news site Re/Code.

Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package

by Mark Friedman 4/23/2014 4:34 pm

C. Douglas McMillon, who became the president and CEO of Wal-Mart Stores Inc. of Bentonville on Feb. 1, saw his total compensation skyrocket 168 percent to $25.6 million for the fiscal year that ended Jan. 31 as compared with the previous year.

Wal-Mart CEO Doug McMillon, Wife Give $1M to UA Walton Business College

by Lance Turner 4/17/2014 10:59 am

Doug McMillon, CEO of Wal-Mart Stores Inc. of Bentonville, and his wife, Shelley, are giving $1 million to the University of Arkansas' Sam M. Walton College of Business. The money will establish the McMillion Family Endowed Excellence Fund, which will help the UA create the proposed School of Global Retail Operations and Innovation.

Wal-Mart's 4Q Profit Drops 21 Percent

by Associated Press 2/20/2014 6:56 am

Wal-Mart Stores Inc. offered a weak profit outlook, signaling that it expects economic pressures to keep weighing on its low-income shoppers around the world. The world's largest retailer also reported that its fourth-quarter profit, which covers the crucial holiday season, dropped 21 percent.

Former Wal-Mart Chief Mike Duke Gets Parting Gift of Painting from Successor

by Arkansas Business Staff 1/27/2014 12:00 am

Brendan O’Connell shares with us that Doug McMillon, president and CEO of Wal-Mart Stores Inc. of Bentonville, gave an O’Connell artwork to his predecessor as head honcho, Mike Duke.

Wal-Mart Makes Cheesewright CEO of International

by Associated Press 12/10/2013 9:00 am

Wal-Mart Stores is promoting David Cheesewright to president and CEO of its international business. He succeeds Doug McMillon, who was named the next CEO of the world's biggest retailer.

Wal-Mart Board Elects Doug McMillon to Succeed Mike Duke As Company CEO

by Lance Turner 11/25/2013 7:37 am

Doug McMillon, who unloaded trucks at a Wal-Mart distribution center for hourly pay while working his way through college, will be the next CEO of the world's largest retailer.