Walmart to Spend $350B on U.S. Products
Walmart says it will spend an additional $350 billion over the next 10 years on items made, grown or assembled in the U.S. read more >
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 >
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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 >
Cheryl Pegus Named EVP of Walmart Health & Wellness
Cheryl Pegus has joined Walmart Inc. of Bentonville as its executive vice president of Health & Wellness, effective Dec. 21. read more >
Walmart Announces $700M Bonus Round
Walmart Inc. of Bentonville will pay out another round of employee bonuses, bringing its 2020 bonus tally to more than $2.8 billion. read more >
Walmart CTO Tops Executive Compensation List
Walmart CTO Suresh Kumar’s experience explains why his total compensation for the first seven months he spent at Walmart made him the highest-paid executive among Arkansas’ public companies. read more >
by Gwen Moritz -
Amid Report of Layoffs, Walmart Says It Plans ‘Changes’ to US Business
Walmart Inc. of Bentonville says that it is continuing to make changes to its U.S. operations, which may include workforce adjustments at its corporate headquarters. read more >
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Walmart Announces $428M Bonus Round
Walmart Inc. of Bentonville said Tuesday it would pay out another round of bonuses to its full- and part-time hourly employees in the midst of the COVID-19 pandemic. read more >
Apply Now for Arkansas Business’ Executive Leadership Academy
Arkansas Business will host its first virtual Executive Leadership Academy this fall. Applications are now open and the deadline to apply for the program is July 31. read more >
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 -
Movista CEO Stan Zylowski to Host Executive Leadership Academy Reception
Movista co-founder and CEO Stan Zylowski is scheduled as the featured speaker for the Arkansas Business Executive Leadership Academy opening reception on Aug. 20 in Bentonville. read more >
Walmart to Begin Temperature Screening of Employees
Walmart Inc. of Bentonville says it will begin screening employees for signs of illness before they begin their shifts. read more >
by Lance Turner -
Walmart to Hire 150K, Pay Bonuses to Hourly Workers
Walmart Inc. of Bentonville is ramping up hiring and providing special bonuses to U.S. hourly employees amid the coronavirus outbreak. read more >
by Lance Turner -
Walmart’s John Furner Among Speakers at Arkansas Business Executive Leadership Academy
Walmart US CEO John Furner and J.B. Hunt Executive Vice President and Chief Commercial Officer Shelley Simpson are among the executives scheduled to speak as the Arkansas Business Executive Leadership Academy expands into northwest Arkansas this fall. read more >
John Furner to Lead Walmart’s US Stores; Greg Foran Joins Air New Zealand
Walmart Inc. of Bentonville says John Furner will become the president and CEO of Walmart U.S. as current leader Greg Foran takes a job as CEO at Air New Zealand Limited. read more >
by Lance Turner -
Sam’s Club CEO in Little Rock: Technology Is Transforming Retail
Technology is transforming Sam’s Club to benefit members and employees alike, President and CEO John Furner said during the Arkansas Economic Development Foundation's annual luncheon in Little Rock. read more >
Sam’s Club CEO to Speak at Arkansas Economic Development Foundation Lunch
Sam's Club President and CEO John Furner will speak at the Arkansas Economic Development Foundation luncheon on Jan. 30 at the Statehouse Convention Center in Little Rock. read more >
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 -
Sam’s Club to Offer Free Shipping for Premium Members
Sam's Club is offering free shipping for premium members and simplifying its membership tiers. read more >
by Associated Press -
Early Childhood Initiatives Center to Break Ground On $16.5M Facility
The Early Childhood Initiatives Center announced Tuesday that a groundbreaking ceremony for its new 45,000-SF, $16.5 million facility in Bentonville is planned for 11 a.m. on Oct. 19 at Hayfield on J Street, directly south of the Amazeum. read more >
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