FORT_1170x120_9-15-20

Doug McMillon

Walmart to require shoppers to wear masks

Walmart to require shoppers to wear masks

BENTONVILLE, Ark. – Walmart made it official on Wednesday: Shoppers in Walmart and Sam’s Club outlets nationwide will be required to wear face coverings, effective July 20. “While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of

John Furner tapped to lead Walmart U.S.

John Furner tapped  to lead Walmart U.S.

BENTONVILLE — Walmart said Thursday that John Furner will become the president and chief executive officer of Walmart U.S., effective November 1. Furner, who currently serves as president and CEO of Sam’s Club, will succeed Greg Foran, who has led Walmart U.S. for five years. Foran is leaving Walmart to become CEO at Air New

Doug McMillon to chair Business Roundtable

Doug McMillon to chair Business Roundtable

WASHINGTON – The Business Roundtable on Thursday tapped Walmart president and chief executive Doug McMillon to serve as its next chairman. He will serve a two-year term starting January 1. McMillon will succeed Jamie Dimon, chairman and CEO of JPMorgan Chase, as chairman of the association of corporate chief executive officers, which aims to promote

Walmart takes action

BENTONVILLE, Ark. — Wal­mart this month said it would stop selling ammunition that can be used in military-style assault rifles and would call on Congress to increase background checks and consider a new assault rifle ban. It also said it would discourage its customers from openly carrying guns in its stores. Other retailers, including Walgreens

McMillon seeks a higher value

McMillon seeks a higher value

Doug McMillon, chief executive officer of Walmart, was in the news recently for all the right reasons. Bucking traditional business wisdom, he announced new restrictions on Walmart’s program around gun sales. No longer, he announced, would the nation’s largest retailer sell certain types of ammunition. More than that, customers would be discouraged from entering Walmart

Walmart changes policies on guns, ammo

Walmart changes policies on guns, ammo

BENTONVILLE, Ark. — Walmart said Tuesday that it will stop selling certain kinds of guns and ammunition, and will discourage customers in “open carry” states from openly bringing their firearms into Walmart stores. The move comes a month after a gunman entered a Walmart store in El Paso, Texas, shooting 48 people and killing 22

Walmart reaches agreements with DOJ and SEC

Walmart reaches agreements with DOJ and SEC

BENTONVILLE, Ark. — Walmart agreed to pay $282 million to settle federal allegations of overseas corruption, capping one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe overseas officials. The company said Thursday it had entered into a global settlement with the U.S. Department

Annual meeting celebrates Walmart’s momentum

Annual meeting celebrates Walmart’s momentum

FAYETTEVILLE, Ark. — Walmart wrapped up its annual shareholders’ week activities on Friday with a celebration of the company’s associates as “extraordinary people doing extraordinary things.” Brett Biggs, executive vice president and chief financial officer, credited Walmart’s 2.2 million associates worldwide with helping fulfill founder Sam Walton’s vision for Walmart as a merchant serving the

A winning position

BENTONVILLE, Ark. — Wal­mart’s deep and diverse leadership team is moving to transform the company into a swift-moving innovator with a unique collection of assets that place it in position to win in the future while also delivering good financial results in the short term, president and chief executive officer Doug McMillon told Wall Street

Walmart establishes strategic partnership with Microsoft

Walmart establishes strategic partnership with Microsoft

BENTONVILLE, Ark. — Walmart is establishing a strategic partnership with Microsoft to accelerate its digital transformation in retail, empower associates, and make shopping faster and easier for customers around the world. “Walmart’s commitment to technology is centered around creating incredibly convenient ways for customers to shop and empowering associates to do their best work,” Doug

Walmart CEO Doug McMillon honored

Walmart CEO Doug McMillon honored

BENTONVILLE, Ark. — Since Doug McMillon took over as president and chief executive officer of Walmart, the pace of change within the world’s largest retailer has accelerated dramatically. And the pace of transformation is not quick enough for the CEO, who began his career at Walmart as an hourly associate in a distribution center. “It’s

1 2 3