Wal-Mart CEO Doug McMillon Gets $19.4M Pay Package
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. read more >
by Mark Friedman -
Wal-Mart Seeks Assist From Suppliers to Lower Prices
Wal-Mart is asking suppliers to cut back on advertising spending in its stores as it seeks lower prices on goods that it sells to its own customers. read more >
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The Top 10 Business Stories of 2014
Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014. read more >
More Changes at Wal-Mart’s US Division; Judith McKenna New COO
Wal-Mart Stores Inc. of Bentonville on Wednesday announced another executive change at its U.S. stores division. Judith McKenna has been promoted to COO of Walmart U.S. She will report to Greg Foran, who took over as CEO of Wal-Mart's U.S. stores in August. read more >
Wal-Mart’s Top Merchant Out as Key Holiday Nears
Wal-Mart's chief merchandising officer for its namesake U.S. division has left as the discounter makes leadership changes to perk up sales as the holiday shopping season revs up. read more >
by Associated Press -
Wal-Mart Cuts Profit Outlook Amid Sluggish Sales, Less Traffic
Wal-Mart Stores Inc. cut its annual profit outlook on Thursday as the world's largest retailer faced another quarter of sluggish sales and traffic declines. read more >
by Associated Press -
Bill Simon Stepping Down As Leader of Wal-Mart’s U.S. Stores
Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9. read more >
by Lance Turner -