Tagged: doug mcmillon

Reuters: Walmart Strikes Deal with MGM for Vudu Content

by Lance Turner 10/8/2018 10:43 am

Walmart Inc. of Bentonville is moving ahead with efforts to strengthen its Vudu video-on-demand service, inking a content deal with Metro Goldwyn Mayer studios.

Walmart Raises Outlook As Sales Spike in Stores, Online

by Associated Press 8/16/2018 6:43 am

Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Sales at existing stores jumped 4.5 percent and e-commerce sales grew 40 percent.

Video: Watch the Walmart Shareholders' Meeting Here

by Lance Turner 6/1/2018 7:46 am

The Walmart annual shareholders' meeting, hosted by actor and comedian Jamie Foxx, took place beginning at Bud Walton Arena on the University of Arkansas campus in Fayetteville.

Ahead of Bud Walton Party, Walmart Shareholders Reject 3 Proposals

by Marty Cook 5/30/2018 3:48 pm

Shareholders of Walmart Inc. of Bentonville rejected three proposals at the decidedly low-key company business meeting Wednesday at the Hammons Convention Center in Rogers.

For CEOs, $11.7M Per Year Is Just Middle of the Pack

by Associated Press 5/25/2018 7:51 am

Chief executives at the biggest public companies got an 8.5 percent raise last year, bringing the median pay package for CEOs to $11.7 million.

Compensation for Walmart’s McMillon Reaches $22.8M

by Mark Friedman 4/20/2018 5:11 pm

Walmart Inc. President and CEO C. Douglas McMillon saw his total compensation increase about 2 percent for the fiscal year that ended Jan. 31 compared with the previous year.

Walmart's Bruising Battle with Amazon Saps 4Q Results

by Anne D'Innocenzio, The Associated Press 2/20/2018 6:46 am

The world's largest retailer reports smaller-than-expected fourth-quarter profit as it wrestles with slower e-commerce sales.

Wal-Mart Names Judith McKenna CEO of International

by Arkansas Business Staff 1/17/2018 9:46 am

Wal-Mart Stores Inc. of Bentonville promotes Judith McKenna to president and CEO of Walmart International, the company's second-largest operating segment.

Update: Walmart Raises Wages, Closes 63 Sam's Clubs

by Associated Press 1/12/2018 7:21 am

Walmart confirmed that it is closing dozens of Sam's Club warehouse stores across the country — a move that seems sure to cost jobs — on the same day it announced that it was boosting its starting salary for U.S. workers and handing out one-time bonuses to others.

Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List

by Gwen Moritz 10/30/2017 12:00 am

The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas.

Wal-Mart’s New Headquarters: Tradition, Not Frills

by Marty Cook 10/30/2017 12:00 am

Wal-Mart Stores Inc. says its new headquarters campus on 350 acres in Bentonville will be all about efficiency and not ego.

NRF to Give Doug McMillon 'Visionary' Award

by Arkansas Business Staff 10/26/2017 1:00 pm

The National Retail Federation on Thursday named Wal-Mart Stores Inc. President and CEO Doug McMillon as the 2018 recipient of its "Visionary" award.

Wal-Mart to Build New Headquarters in Bentonville

by Sarah Campbell-Miller and Lance Turner 9/15/2017 12:15 pm

Wal-Mart Stores Inc. plans to build a new headquarters in Bentonville, CEO Doug McMillon announced to employees on Friday.

Business Leaders Quit Trump Panel; He Hits Back Hard

by Associated Press 8/15/2017 4:32 pm

President Donald Trump on Tuesday ripped into the four business leaders who resigned from his White House jobs panel — the latest sign that corporate America's romance with Trump is faltering — after his equivocal response to violence by white supremacists in Charlottesville, Virginia.

Wal-Mart CEO Doug McMillon Criticizes Trump's Charlottesville Response

by Associated Press 8/15/2017 3:26 pm

Wal-Mart Stores Inc. CEO Doug McMillon is criticizing President Donald Trump's initial response to violence in Charlottesville, Virginia, at a white supremacist rally.

Doug McMillon at Annual Meeting: 'We're Building A New Wal-Mart'

by Marty Cook 6/2/2017 4:01 pm

Wal-Mart Stores Inc. of Bentonville is recreating itself to better serve customers in today's changing world of retail. "We will compete with technology, but we will win with people," CEO Doug McMillon said.

Wal-Mart: Traditional Retailing Roots a Competitive Advantage

by Associated Press 6/2/2017 1:15 pm

Wal-Mart CEO Doug McMillon is touting the company's traditional retailing roots as a competitive advantage as it seeks to take sales away from online giant Amazon at a time of industry upheaval.

Wal-Mart Tops 1Q Profit Forecasts, Online Sales Up 63 Percent

by Lance Turner 5/18/2017 6:55 am

Wal-Mart Stores Inc. of Bentonville on Thursday reported first-quarter earnings that beat analyst expectations, and online sales rose 63 percent on what the retailer called "organic" growth at its website.

Wal-Mart CEO to Face Questions in Lawsuit Over Bribery

by Jonathan Stempel, Reuters 5/12/2017 8:20 am

A federal judge orders Wal-Mart Stores Inc. Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico.

Innovation Center Puts UA And J.B. Hunt on Same Road

by Marty Cook 4/24/2017 12:00 am

The chance to work for J.B. Hunt Transport Services Inc. of Lowell is nothing new for a lot of graduates of the University of Arkansas at Fayetteville. Now, UA students will have the chance to work with J.B. Hunt.