Walmart International CEO Judith McKenna to Retire
Sam's Club President and CEO Kath McLay has been named as McKenna's successor. read more >
Sam's Club President and CEO Kath McLay has been named as McKenna's successor. read more >
Walmart Inc. executives, followed by Dillard's Inc. dominated this week’s list of public company executives ranked by total compensation. read more >
The retailer’s longtime commitment to low prices is winning the business of inflation-weary consumers. read more >
Comparable store sales — those from established stores and online operating over the past 12 months — rose 7.4%, a bit slower than the 8.3% during the fourth quarter but still impressive. read more >
The annual total compensation of Walmart's median employee was $27,136, an increase of 7.1% from the previous year. read more >
Walmart Inc. of Bentonville reports fiscal fourth-quarter results that beat analysts' expectations. But the retailer issues cautious guidance for the first quarter and fiscal 2024. read more >
Walmart is raising pay again. But smaller competitors can learn from its strategies to attract workers. read more >
The retail giant said the raises will bring its average hourly wage to more than $17.50, up from around $17 per hour. read more >
Tucked in the $1.7 trillion funding package lies a piece of legislation brick-and-mortar retailers have been pushing Congress to pass for more than a year, part of an effort to tamp down the amount of goods being stolen from their stores and resold online. read more >
The project will start next year at 15 Walmart Health clinics in Florida and Georgia, expanding over time. read more >
Despite inflation, Walmart holds its own as many look for the lowest prices on essential items. read more >
CEO Doug McMillon noted that strong sales were registered in groceries, which have lower margins. read more >
The retail giant has been forced to step up discounts to move inventory. read more >
Two companies that recently moved their headquarters to Arkansas passed Walmart in executive compensation, but not profitability. read more >
Walmart's annual meeting brings thousands to northwest Arkansas ready celebrate. But this year's gathering finds the retailer once again grappling with big issues. read more >
Doug McMillon said the retail giant will probably continue to increase wages "if that is where the market moves." read more >
The median pay for top execs was $14.5 million, boosted in many cases by soaring stock prices. read more >
The nation's largest retailer is grappling with surging inflation on food and fuel, and higher costs from a snarled global supply chain. read more >
Stock awards contributed to a 14% increase in compensation for Doug McMillon. read more >
Rainey brings experience leading innovation-minded customer service organizations, CEO Doug McMillon said. read more >
