Neil Ashe
Wal-Mart’s McMillon Tops Compensation List of 100 Arkansas Public Company Execs
C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state. read more >
by Gwen Moritz -
Wal-Mart Embraces Change at Meeting, Hitching Up With Uber
During the retailer's annual meeting, Wal-Mart Chairman Greg Penner cast the company as changing with the economic and shopping landscape, just as it has done throughout its long history. read more >
by Marty Cook -
Wal-Mart to Launch Own Mobile Pay System
Wal-Mart Stores Inc., the world's largest retailer, said it's testing its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through its app at the cash register. read more >
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Retail Analysts Say Wal-Mart’s Become Too Big to Manage
For Wal-Mart’s annual revenue to grow by just 1 percent, the retailer would need to add the revenue of a Fortune 500 company. But some retail watchers wonder whether Wal-Mart’s massive size has made it too big to manage. read more >
by Mark Friedman -
Wal-Mart Stock Drops 10 Percent Amid Lowered Projections
Shares of Wal-Mart Stores Inc. of Bentonville ended the day down 10 percent after CFO Charles Holley revealed that the retailer's earnings per share could drop 6 percent to 12 percent in fiscal year 2017. The retailer made the announcement at its 22nd annual "Meeting for the Investment Community" in New York. read more >
by Alexis Crowe -
Greg Penner Named Wal-Mart’s 3rd Chairman at Annual Shareholders’ Meeting
A new chairman, a mobile consumer, a Hollywood hostess from the South and Rod Stewart. Inside Wal-Mart's 2015 shareholders' meeting at Bud Walton Arena in Fayetteville. read more >
by Marty Cook -
Wal-Mart Unveils $50 Per Year ShippingPass for Online Orders
Wal-Mart Stores Inc. of Bentonville officially announced its ShippingPass pilot program, a delivery service designed to compete against Amazon Prime. read more >
by Marty Cook -
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 -
Report: Fernando Madeira Named Walmart.com CEO
Fernando Madeira, president and CEO of Latin America at Wal-Mart e-commerce, has been named chief executive officer of Walmart.com., according to a report from Bloomberg. read more >
by Lee Hogan -
Update: Wal-Mart Executives Focus On Small Stores, Online
Same-store sales continue to drop for Wal-Mart Stores Inc. of Bentonville, but U.S. stores division CEO Bill Simon seemed to shrug off concerns Thursday during question-and-answer session with reporters. read more >
by Marty Cook -
Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package
C. Douglas McMillon, who became the president and CEO of Wal-Mart Stores Inc. of Bentonville on Feb. 1, saw his total compensation skyrocket 168 percent to $25.6 million for the fiscal year that ended Jan. 31 as compared with the previous year. read more >
by Mark Friedman -
Wal-Mart E-Commerce Growth Won’t Include Grocery; Veterans Program Sees 13,000 Applicants In 10 Days
Wal-Mart continues to grow its efforts in e-commerce, but the retailer has no current plans to expand its domestic online operations for grocery. Also: Within the first 10 days of Wal-Mart’s initiative to hire veterans, about 13,000 applications were submitted. read more >
by Chris Bahn -
How Wal-Mart Is Building a Better Online Store
Since 2011, Wal-Mart Stores Inc. has poured millions of dollars into its e-commerce division, and its investments are paying off. read more >
by Mark Friedman -