August 18, 2020 by MMR
chief executive officer Doug McMillon, second quarter, Walmart
Leading Headlines, Money, Retail News
BENTONVILLE, Ark. — Walmart’s second-quarter results beat estimates, as the continued impact of the COVID-19 pandemic drove sales gains. Comp-store sales were up 9.3% for the quarter, led by strength in general merchandise and food. Walmart U.S. e-commerce sales grew 97% with strong results across all channels. Total revenue for the quarter was $137.7 billion,
September 13, 2019 by Jeffrey Woldt
chief executive officer Doug McMillon, senior vice president of health and wellness Sean Slovenski, Walmart, Walmart Health
Featured Articles, Leading Headlines, Retail News
DALLAS, Ga. — When Sam Walton opened the first Walmart store in Rogers, Ark., in 1962, he set in motion an enterprise that fundamentally transformed the way Americans shop, giving them convenient access to high-quality consumer products at the lowest possible price. Now, 57 years later, the company has embarked on a pilot test to
December 6, 2017 by MMR
chief executive officer Doug McMillon, Doug McMillon, Wal-Mart Stores Inc., Walmart Inc.
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — The world’s largest retailer is officially changing its legal name from Wal-Mart Stores Inc. to Walmart Inc. The change, which takes effect with the start of the company’s new fiscal year on February 1, is meant to reflect the company’s shift from an operator of stores to one that increasingly lets its
November 16, 2017 by MMR
CEO Doug McMillon, chief executive officer Doug McMillon, Doug McMillon, Walmart, Walmart International, Walmart U.S.
Featured Articles, Leading Headlines, Money, Retail News
BENTONVILLE, Ark. — Walmart reported better-than-expected comparable store sales gains in the third quarter. The company’s online business was also strong, with net e-commerce sales increasing 50% in the quarter. “We are pleased with the strong results in the quarter across each of our business segments,” Walmart president and chief executive officer Doug McMillon said,
February 21, 2017 by MMR
chief executive officer Doug McMillon, fiscal fourth quarter, Walmart, Walmart U.S.
Featured Articles, Leading Headlines, Money, Retail News
BENTONVILLE, Ark. — Walmart’s U.S. business accelerated in the fiscal fourth quarter, with domestic same-store sales posting their biggest increase since 2012. It was the 10th consecutive quarter of same-store sales growth for Walmart, which also said global e-commerce sales surged during in the three months ended January 31. Walmart said it earned $3.76 billion,
December 14, 2015 by MMR
chief executive officer Doug McMillon, Michael Francis, Stephen Quinn, Target Corp. marketing chief, Walmart
2015, Issue 12-14-2015, Issues
BENTONVILLE, Ark. – Walmart confirmed earlier this month that the company’s head of marketing, Stephen Quinn, will be retiring from the company. According to Walmart spokeswoman Deisha Barnett, Quinn will step down on January 31. In conjunction with the Quinn announcement, Walmart said that it plans to hire former Target Corp. marketing chief Michael Francis