PayPal Exec John Rainey Named Next Walmart CFO
Rainey brings experience leading innovation-minded customer service organizations, CEO Doug McMillon said. read more >
Rainey brings experience leading innovation-minded customer service organizations, CEO Doug McMillon said. read more >
Mervin Jebaraj believes several important industries will have a difficult time reaching pre-pandemic employment levels. read more >
Walmart Inc. of Bentonville executive Brett Biggs will step down as CFO sometime next year with an eye toward leaving the retailer on Jan. 31, 2023. read more >
Supply chain issues didn't stop the company from topping Wall Street expectations heading into the holiday shopping season. read more >
Walmart Inc. of Bentonville reports fiscal second-quarter profit of $4.28 billion and earnings per share of $1.78, beating analysts' expectations. read more >
If robots can beat grandmasters at chess, surely they can help Walmart with a game of logistical Tetris. read more >
Walmart Inc. President and CEO C. Douglas McMillon saw his total compensation increase 2.1% to $22.6 million for the fiscal year that ended Jan. 31 compared with the previous year. read more >
Walmart swings to a loss in the fourth quarter as the sale of its Japan and United Kingdom divisions weighed on its performance. read more >
Walmart announced Monday the creation of a new fintech startup designed to develop and offer “modern, innovative and affordable financial solutions.” read more >
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 >
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 >
President Trump's tariffs of 25% on $250 billion worth of Chinese goods is making some Arkansas business either absorb their price increases or pass the cost hikes to their customers. read more >
Uber has become a verb like Google and is gaining more competitors in a market that will soon be saturated. Will having more ride-sharing options make any of us more likely to need a ride, or will ride-sharing become a commodity in which price is the primary differentiator? read more >
Walmart warns higher tariffs on Chinese imports mean higher prices. "We're monitoring the tariff discussions and are hopeful that an agreement can be reached," said CFO Brett Biggs. read more >
Walmart delivered a mixed bag in the first quarter, beating Wall Street expectations on profit but not revenue. Meanwhile, same-stores sales rose and e-commerce soared. read more >
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 >
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 >
Friday's Wal-Mart shareholders meeting at times felt more like a roast thanks to "The Late Late Show" host James Corden. read more >
Wal-Mart Stores named Brett Biggs as the retailer's next chief financial officer. He will replace Charles Holley who is retiring at the end of the year. Biggs has been CFO and executive vice president of Wal-Mart's international unit since 2014. read more >
