Brett Biggs
Execs’ Personal Use of Company Planes on the Rise
John Tyson’s use of Tyson Foods Inc.’s corporate jet for personal travel cost the Springdale protein producer $1.4 million in its fiscal year that end read more >
by Mark Friedman -
Walmart, Dillard’s Execs Top List of Highest Pay
Walmart Inc. executives, followed by Dillard's Inc. dominated this week’s list of public company executives ranked by total compensation. read more >
by Gwen Moritz -
Walmart CEO’s Total Compensation Dips to $25.3M
The annual total compensation of Walmart's median employee was $27,136, an increase of 7.1% from the previous year. read more >
by Mark Friedman -
PayPal Exec John Rainey Named Next Walmart CFO
Rainey brings experience leading innovation-minded customer service organizations, CEO Doug McMillon said. read more >
UA Economist Gives Tepid Forecast for Arkansas
Mervin Jebaraj believes several important industries will have a difficult time reaching pre-pandemic employment levels. read more >
by Marty Cook -
Walmart CFO Brett Biggs to Step Down in 2022
Walmart Inc. of Bentonville executive Brett Biggs will step down as CFO sometime next year with an eye toward leaving the retailer on Jan. 31, 2023. read more >
Walmart Posts Strong Sales, Profit Ahead of Holidays
Supply chain issues didn't stop the company from topping Wall Street expectations heading into the holiday shopping season. read more >
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Walmart Launches Logistical Revolution
If robots can beat grandmasters at chess, surely they can help Walmart with a game of logistical Tetris. read more >
by Mark Friedman -
Walmart’s CEO Sees Total Compensation Climb Slightly
Walmart Inc. President and CEO C. Douglas McMillon saw his total compensation increase 2.1% to $22.6 million for the fiscal year that ended Jan. 31 compared with the previous year. read more >
by Mark Friedman -
Update: Walmart Sales Still Surging, But A Chill May Be On the Way
Walmart swings to a loss in the fourth quarter as the sale of its Japan and United Kingdom divisions weighed on its performance. read more >
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Walmart Launching New Fintech Startup
Walmart announced Monday the creation of a new fintech startup designed to develop and offer “modern, innovative and affordable financial solutions.” read more >
Walmart Reports 1Q Same-Store Sales Up 10%, Online Sales Up 74%
E-commerce and pickup and delivery services paid off big for Walmart Inc. of Bentonville in the first quarter, driving financial results that beat analysts expectations and showed the retailer well-positioned to cater to customers amid the COVID-19 pandemic. read more >
by Mark Friedman -
Walmart CEO’s Total Compensation Falls to $22.1M
Walmart Inc. President and CEO C. Douglas McMillon saw his total compensation drop 6.4% to $22.1 million for the fiscal year that ended Jan. 31 compared with the previous year. read more >
by Mark Friedman -
Arkansas Companies Dealing With Tariff Costs
President Trump's tariffs of 25% on $250 billion worth of Chinese goods is making some Arkansas business either absorb their price increases or pass the cost hikes to their customers. read more >
by Marty Cook -
At What Price? (Gwen Moritz Editor’s Note)
Uber has become a verb like Google and is gaining more competitors in a market that will soon be saturated. Will having more ride-sharing options make any of us more likely to need a ride, or will ride-sharing become a commodity in which price is the primary differentiator? read more >
by Gwen Moritz -
Walmart Warns: Higher Tariffs on China Mean Higher Prices for Customers
Walmart warns higher tariffs on Chinese imports mean higher prices. "We're monitoring the tariff discussions and are hopeful that an agreement can be reached," said CFO Brett Biggs. read more >
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Walmart 1Q Beats Earnings Expectations As Same-Store Sales Rise 3.4%
Walmart delivered a mixed bag in the first quarter, beating Wall Street expectations on profit but not revenue. Meanwhile, same-stores sales rose and e-commerce soared. read more >
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Compensation for Walmart’s McMillon Reaches $22.8M
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. read more >
by Mark Friedman -
Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List
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. read more >
by Gwen Moritz -
With James Corden on Stage, Wal-Mart Event Part Business, Part Roast
Friday's Wal-Mart shareholders meeting at times felt more like a roast thanks to "The Late Late Show" host James Corden. read more >
by Marty Cook -