Tagged: doug mcmillon

Pay Raises, Online Spending Push Wal-Mart's 1Q Results Lower

by Lance Turner 5/19/2015 10:24 am

Wal-Mart Stores Inc. of Bentonville missed analysts' expectations and reported first-quarter net income down nearly 7 percent as the retailer gave raises to employees, invested in e-commerce and endured the effects of currency fluctuations.

Doug McMillon to Speak at Walton College Conference on Retail

by Arkansas Business Staff 5/7/2015 9:33 am

Wal-Mart Stores Inc. CEO Doug McMillon will be among the speakers at the 15th annual Emerging Trends in Retailing conference on June 11 at the Northwest Arkansas Convention Center in Springdale.

Wal-Mart CEO Doug McMillon Gets $19.4M Pay Package

by Mark Friedman 4/22/2015 5:17 pm

Wal-Mart Stores Inc. President and CEO C. Douglas McMillon saw his total compensation fall 24.2 percent to $19.4 million for the fiscal year that ended Jan. 31 compared with the previous year.

Wal-Mart Sets Off Minimum Wage Race

by Mark Friedman 4/6/2015 12:00 am

Wal-Mart Store Inc.’s announcement in February that it would start paying employees $9 an hour this year and $10 in 2016 touched off a minimum wage arms race.

Wal-Mart Commends Asa Hutchinson for Work on HB1228

by Lance Turner 4/1/2015 2:59 pm

Today, following Asa Hutchinson's request that the Legislature recall and rework HB1228, Wal-Mart praised the governor and legislative leaders.

Wal-Mart Is Now Calling for a Veto of HB1228

by Lance Turner 3/31/2015 5:53 pm

Wal-Mart Stores Inc. of Bentonville had previously expressed its displeasure with HB1228. But Tuesday afternoon, CEO Doug McMillon called on Gov. Asa Hutchinson to veto the bill.

Wal-Mart CEO Doug McMillon Talks Workers, Customers, Critics

by Anne D'Innocenzio, The Associated Press 2/26/2015 7:00 am

In this Associated Press exclusive, Wal-Mart CEO Doug McMillon talks about worker pay and training increases, the fallout from the Bangladesh disaster and other issues that are affecting the world's largest retailer.

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/30/2014 7:12 pm

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.