Walmart U.S.
CJRW Hires 4 (Movers & Shakers)
Madison Dawson, Jordan Gray, Ashley Moore and Jacob Turbyfill have been hired by CJRW of Little Rock. read more >
Walmart International CEO Judith McKenna to Retire
Sam's Club President and CEO Kath McLay has been named as McKenna's successor. read more >
Walmart Partners With Khan Academy to Offer Free Financial Courses
The virtual course offers articles, videos and exercises to master personal finance skills. read more >
Transplanted Executives Dominate Pay List
Two companies that recently moved their headquarters to Arkansas passed Walmart in executive compensation, but not profitability. read more >
by Gwen Moritz -
Walmart Offering Financial Tools, Fintech Plans
Walmart insists it doesn’t want to be a bank, but it’s surely acting like one. read more >
by Mark Friedman -
Walmart Invests in Drone Company
Walmart Inc. announced Thursday that it has invested in DroneUp, a nationwide drone services provider it partnered with last year, but did not disclose the investment amount. read more >
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 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 >
Fayetteville Plane Crash Subject of Court Case
Starstone National Insurance Co. alleges that negligence and defects caused a 2015 accident in which former Walmart U.S. CEO Bill Simon parachuted his single-engine plane onto a pickup truck on MLK Jr. Boulevard. read more >
Walmart Testing Automated Carts To Speed Up Grocery Orders
Walmart is testing automated carts that retrieve bins of groceries from storage as it tries to speed up the process of packaging online orders to send out or bringing to customers at their cars. read more >
by Associated Press -
Wal-Mart Reveals $1.9M Paid to UA in FY 2015
Wal-Mart Stores Inc. revealed in its proxy statement last week that it paid about $1.9 million to the University of Arkansas in the retailer’s fiscal year that ended Jan. 31. read more >
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 -