Tagged: wal-mart stores inc.

Wal-Mart's Store No. 8 Hires Jenny Fleiss as CEO

by Reuters 4/24/2017 3:23 pm

Wal-Mart Stores Inc. said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company.

Wal-Mart, Other Retailers Bet on Congress to Thwart Trump Border Tax

by Nandita Bose, Reuters 4/24/2017 7:02 am

Wal-Mart Stores Inc. and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress.

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.

Wal-Mart Seeks Online Fashion Presence Through Acquisitions

by Nandita Bose and Gayathree Ganesan, Reuters 4/18/2017 6:50 am

Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say.

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.

The Long, Rough Ride Ahead for 'Made in America'

by Nick Carey, Reuters 4/17/2017 7:37 am

American companies, along with President Donald Trump, face big obstacles as they try to rebuild American manufacturing.

Too Much Too Much (Gwen Moritz Editor's Note)

by Gwen Moritz 4/17/2017 12:00 am

Online competition isn’t the only change in the retail landscape. Many stores are closing because the malls that surround them just aren’t attracting the kind of traffic they used to.

Wal-Mart to Discount Online-Only Items Delivered to Stores

by Anne D'Innocenzio, The Associated Press 4/12/2017 6:54 am

Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup.

Experts Predict Breakout Companies in Arkansas Will Be Digital

by Marty Cook 4/3/2017 12:00 am

Ask experts around the state to name the next Arkansas company to break out financially, and you’re liable to get a nonanswer, but the experts do predict one thing: The next Big Thing in Arkansas will come in the digital field.

Online Tax Effort Revived at Last Minute in Arkansas

by Andrew DeMillo, The Associated Press 3/30/2017 3:30 pm

A House committee endorsed a proposal forcing online retailers to collect Arkansas sales taxes, reviving the effort days after a lawmaker behind the bill declared it dead for this year's session.

Northwest Arkansas Brokers Help Businesses Have Say in Designing the Office

by Marty Cook 3/27/2017 12:00 am

It’s a challenge faced by many companies in today’s business world: finding the best office metrics for its workforce. Companies find that common workspaces are more economically efficient, but amenities such as kitchens, fast Wi-Fi connectivity and natural light are equally advantageous.

Wal-Mart to Invest $800M in Chile

by Reuters 3/22/2017 11:24 am

Wal-Mart Stores Inc.'s Chilean unit will invest $800 million in the country over the next three years and open 55 to 60 new supermarkets, the company said on Wednesday, a significant outlay at a time of slow economic growth.

Wal-Mart Launches Incubator Lab to House Startups

by Anne D'Innocenzio, The Associated Press 3/21/2017 12:54 pm

Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality, and artificial intelligence as it aims to compete more aggressively with Amazon.

In E-Commerce Push, Wal-Mart Launches Investor Arm, Store No. 8

by Nandita Bose, Reuters 3/21/2017 8:24 am

Wal-Mart Stores Inc. will launch its first investment arm to expand its e-commerce business in partnership with retail start-ups, venture capitalists and entrepreneurs. The plan is being spearheaded by Marc Lore, Wal-Mart's e-commerce chief, who joined company from Jet.com, which it acquired for more than $3 billion in August.

Wal-Mart Sets Date for Annual Meeting

by Lance Turner 3/20/2017 10:01 am

Wal-Mart Stores Inc. of Bentonville announced today that it will hold its 2017 annual meeting on Friday June 2 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Wal-Mart Buys Online Clothing Seller ModCloth

by Associated Press 3/17/2017 3:21 pm

Wal-Mart has bought trendy clothing seller ModCloth, part of a big push to pick up smaller online brands as it tries to make headway against Amazon.

Asa Hutchinson Signs Bill Expanding Grocery Wine Sales

by Associated Press 3/16/2017 6:54 am

Arkansas' governor has signed into law a measure expanding the types of wine that grocery stores in the state can sell.

Wal-Mart Employees Get Bonuses

by Arkansas Business Staff 3/13/2017 11:29 am

Wal-Mart Stores Inc. announced that 850,000 of its employees in the U.S. — including 8,800 in Little Rock and 20,000 in Arkansas — received a share of $157 million in cash bonuses based on their stores' fourth-quarter performance.

Liquor Stores Ready for Next Front in Alcohol War

by Arkansas Business Staff 3/13/2017 12:00 am

The battle has been lost but not the war. So says Francois Guilloux, managing partner of There Performance Group of Little Rock, a liquor store industry consultancy.

Liquor Stores: Grocery Wine Bill a Death Knell

by Jan Cottingham 3/6/2017 12:00 am

Liquor store owners say a bill to let Wal-Mart and grocery stores sell a larger assortment of wine fundamentally changes their business model and will lead to the closure of hundreds of package stores in the state.

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