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Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
Public Companies

Walmart E-Commerce Chief Marc Lore Resigns After Nearly 5 Years

Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. read more >
Doug McMillon, Walmart president and CEO, received $23.6 million in total compensation last year.
Investments / Public Companies

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 >
Investments / Public Companies

Walmart Eliminates Dedicated President Role for Jet.com

Walmart is eliminating the position of president at its Jet.com subsidiary, which it acquired in 2016, as it further merges the rest of its team with its namesake online operations. read more >
Retail

Walmart’s Jet.com to Sell Nike Sneakers Ahead of Holidays

Walmart-owned Jet.com will soon sell Nike products on its site as it seeks to catch up with Amazon ahead of the holiday shopping season. read more >
Doug McMillon, president and CEO of  Wal-Mart Stores Inc., has aggressively pushed the discount retailer into a new era emphasizing online shopping. Many of Wal-Mart’s moves in 2017 took direct aim at its chief competitor, Amazon.
Investments / Public Companies / Retail

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 >
Public Companies / Retail

Never Count Walmart Out (Editorial)

Although Amazon’s online sales still dwarf Walmart’s — Amazon accounted for about 44 percent of all U.S. e-commerce sales last year — Walmart has made it clear that it won’t go gentle into that good night. read more >
Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
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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 >
Investments / Public Companies / Restaurants & Food / Retail

Wal-Mart’s Jet to Launch High-End Grocery Line for Millennials

Wal-Mart's Jet.com will launch a higher-end grocery line targeting millennials, just over a year after Walmart spent more than $3 billion for the fast-growing online retailer amid more intense competition from Amazon. read more >
Investments / Public Companies / Retail

NPD: Fueled by Back-to-School Sales, Wal-Mart Might Beat Amazon in Online Growth

Wal-Mart Stores Inc.'s online sales is likely to grow double than Amazon.com Inc. during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said. read more >
The Bonobos website.
Investments / Public Companies / Retail

Wal-Mart Adds to Portfolio, Buys Bonobos for $310M

Wal-Mart Stores Inc. of Bentonville announces that it will buy online apparel retailer Bonobos Inc. for $310 million in cash. read more >
Wal-Mart's headquarters in Bentonville.
Investments / Public Companies / Retail

Wal-Mart Seeks Online Fashion Presence Through Acquisitions

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. read more >
Investments / Public Companies / Retail

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

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. read more >
Public Companies / Retail

Wal-Mart Buys Online Clothing Seller ModCloth

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. read more >
Wal-Mart Stores Inc. President and CEO Doug McMillon is expected to name Jet.com CEO Marc Lore as Wal-Mart’s president and CEO of Global eCommerce.
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Biggest Deals in Arkansas Rise 11 Percent in 2016

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. read more >
Wal-Mart's headquarters in Bentonville.
Investments / Public Companies / Retail

Wal-Mart’s Jet.com Acquires ShoeBuy for $70M

The online retailer Jet.com, now owned by Wal-Mart, says it's acquired the footwear-shopping website ShoeBuy for about $70 million. The deal, announced Thursday, closed Dec. 30. read more >
Public Companies / Retail

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

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. read more >
Wal-Mart Stores Inc. President and CEO Doug McMillon is expected to name Jet.com CEO Marc Lore as Wal-Mart’s president and CEO of Global eCommerce.
Business Services / Investments / Public Companies / Retail

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

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. read more >
Doug McMillon, CEO of Wal-Mart Stores Inc., is atop this week’s list of the highest-paid public company executives. | (Photo by Ryan Miller)

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

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. read more >