Tagged: neil ashe

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 Embraces Change at Meeting, Hitching Up With Uber

by Marty Cook 6/3/2016 3:23 pm

During the retailer's annual meeting, Wal-Mart Chairman Greg Penner cast the company as changing with the economic and shopping landscape, just as it has done throughout its long history.

Wal-Mart to Launch Own Mobile Pay System

by Anne D'Innocenzio, The Associated Press 12/10/2015 6:46 am

Wal-Mart Stores Inc., the world's largest retailer, said it's testing its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through its app at the cash register.

Retail Analysts Say Wal-Mart's Become Too Big to Manage

by Mark Friedman 10/26/2015 12:00 am

For Wal-Mart’s annual revenue to grow by just 1 percent, the retailer would need to add the revenue of a Fortune 500 company. But some retail watchers wonder whether Wal-Mart’s massive size has made it too big to manage.

Wal-Mart Stock Drops 10 Percent Amid Lowered Projections

by Alexis Hosticka 10/14/2015 11:04 am

Shares of Wal-Mart Stores Inc. of Bentonville ended the day down 10 percent after CFO Charles Holley revealed that the retailer's earnings per share could drop 6 percent to 12 percent in fiscal year 2017. The retailer made the announcement at its 22nd annual "Meeting for the Investment Community" in New York.

Greg Penner Named Wal-Mart's 3rd Chairman at Annual Shareholders' Meeting

by Marty Cook 6/5/2015 1:14 pm

A new chairman, a mobile consumer, a Hollywood hostess from the South and Rod Stewart. Inside Wal-Mart's 2015 shareholders' meeting at Bud Walton Arena in Fayetteville.

Wal-Mart Unveils $50 Per Year ShippingPass for Online Orders

by Marty Cook 6/4/2015 2:39 pm

Wal-Mart Stores Inc. of Bentonville officially announced its ShippingPass pilot program, a delivery service designed to compete against Amazon Prime.

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.

Report: Fernando Madeira Named Walmart.com CEO

by Lee Hogan 6/10/2014 10:22 am

Fernando Madeira, president and CEO of Latin America at Wal-Mart e-commerce, has been named chief executive officer of Walmart.com., according to a report from Bloomberg.

Update: Wal-Mart Executives Focus On Small Stores, Online

by Marty Cook 6/6/2014 1:30 pm

Same-store sales continue to drop for Wal-Mart Stores Inc. of Bentonville, but U.S. stores division CEO Bill Simon seemed to shrug off concerns Thursday during question-and-answer session with reporters.

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, Target, Other Retailers Take on Silicon Valley

by Associated Press 11/15/2013 11:18 am

Software engineers wearing jeans and flip flops test the latest smartphone apps. Walls and windows double as whiteboards where ideas are jotted down. And a mini basketball net is in the center of it all.

Wal-Mart E-Commerce Growth Won't Include Grocery; Veterans Program Sees 13,000 Applicants In 10 Days

by Chris Bahn 6/6/2013 9:58 pm

Wal-Mart continues to grow its efforts in e-commerce, but the retailer has no current plans to expand its domestic online operations for grocery. Also: Within the first 10 days of Wal-Mart’s initiative to hire veterans, about 13,000 applications were submitted.

How Wal-Mart Is Building a Better Online Store

by Mark Friedman 5/13/2013 12:00 am

Since 2011, Wal-Mart Stores Inc. has poured millions of dollars into its e-commerce division, and its investments are paying off.

Wal-Mart Tests In-Store Lockers for Online Orders

by Associated Press 3/26/2013 3:37 pm

Wal-Mart Stores Inc., the world's largest retailer, said Tuesday that it's going to set up lockers in about a dozen stores so that shoppers who order on its website can pick up their items without having to wait in a checkout line.