Tagged: doug mcmillon

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.

Wal-Mart CEO Doug McMillon Sees Compensation Rise in 2016

by Nandita Bose, Reuters 4/21/2017 7:30 am

Wal-Mart Stores Inc. chief executive officer received a 13 percent increase in total compensation to $22.4 million in the fiscal year ended Jan. 31.

Recode: Wal-Mart in Advanced Talks to Buy Bonobos

by Reuters 4/17/2017 11:08 am

Wal-Mart Stores Inc. is in advanced discussions to buy online men’s fashion retailer Bonobos Inc., Recode reported on Friday, citing sources.

Wal-Mart Earnings Fall, But Online Sales, In-Store Traffic Rise

by Anne D'Innocenzio, The Associated Press 2/21/2017 6:50 am

Wal-Mart says fourth-quarter earnings fell nearly 18 percent, hurt by its investments in e-commerce and stores.

Biggest Deals in Arkansas Rise 11 Percent in 2016

by Jan Cottingham 2/20/2017 12:00 am

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92.

Sources: Wal-Mart to Combine Buys for Online, In-Store Inventory

by Nandita Bose, Reuters 2/14/2017 7:37 am

Wal-Mart Stores Inc. will combine its own buying for products sold at its stores with purchases it makes for its website — a significant move to stamp out duplicate efforts as it fights Amazon.

Wal-Mart Sets Environmental Plan as People Seek Green Items

by Anne D'Innocenzio, The Associated Press 11/4/2016 7:42 am

The world's largest retailer says it will seek to reduce emissions in its own operations by 18 percent by 2025, and work toward adding no waste to landfills in key markets like Canada and the United States. It also plans to be powered by 50 percent clean and renewable energy sources.

Wal-Mart Completes $3B-Plus Purchase of Jet.com

by Anne D'Innocenzio, The Associated Press 9/20/2016 7:38 am

Wal-Mart completes its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world's largest retailer attract younger and more affluent customers to drive online sales.

Will Jet.com Boost Wal-Mart’s E-commerce?

by Mark Friedman 9/19/2016 12:00 am

Retail watchers have mixed feelings about whether Wal-Mart Stores’ $3.3 billion purchase of Jet.com of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

Wal-Mart Raises Annual Profit; Tops Street 2Q Forecasts

by Anne D'Innocenzio, The Associated Press 8/18/2016 6:51 am

Wal-Mart raised its earnings outlook for the year and delivered strong profit and sales in the second quarter after the world's largest retailer revamped its stores, improved the shopping experience, and won back customers. "Our strategy in the U.S. is working," said CEO Doug McMillon.

Video: Doug McMillon on Why Wal-Mart Chose Jet.com

by Arkansas Business Staff 8/9/2016 10:23 am

Wal-Mart announced Monday that it would acquire retailer Jet.com for $3 billion. According to Wal-Mart, acquiring Jet will help the company connect with urban and millennial shoppers and compete more effectively with online retail giant Amazon.com.

With James Corden on Stage, Wal-Mart Event Part Business, Part Roast

by Marty Cook 6/3/2016 3:35 pm

Friday's Wal-Mart shareholders meeting at times felt more like a roast thanks to "The Late Late Show" host James Corden.

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