NEW YORK — Walmart tops the Fortune Global 500 list for 2023, ranking the world’s largest corporations by revenue for fiscal 2022. On Fortune’s authoritative ranking of the (current) corporate world order, the Arkansas-based retailer claimed No. 1 for the 10th consecutive year and for the 18th time since 1995. Walmart joins a spike in the
BENTONVILLE, Ark. — Walmart on Tuesday began accepting applications for its tenth annual Open Call event, inviting small business owners and entrepreneurs everywhere to apply for the opportunity to pitch their products to be sold on Walmart or Sam’s Club shelves or on Walmart.com. Applications are open until August 18, 2023. “Open Call is at the
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales
BENTONVILLE, Ark. — Walmart marked National HIV Testing Day with a pledge to open 80 Specialty Pharmacies of the Community locations across 11 states by the end of the year. This month the company has already opened 70 of the HIV-focused outlets across ten states, allowing patients to access education and services at the same
CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. grocery retailers best positioned for success in 2053, according to a report out today from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over
In the last issue of MMR, this space was devoted to the clear and present danger of climate change, and the responsibility that retailers have for doing everything they can to help alleviate the crisis. Walmart is one of the companies that has risen to the challenge, continually finding new ways to make its operations
BENTONVILLE, Ark. — Even before the COVID-19 pandemic struck in early 2020, American consumers were increasingly devoting attention to their health and well-being. With more than 4,700 stores. 4,600 pharmacies, 3,400 vision centers and 30 health clinics in five states providing primary and urgent care as well as a range of diagnostics and even dental
BENTONVILLE, Ark. — Over the last several years Judith McKenna has led a restructure of Walmart’s international portfolio, divesting businesses in Argentina, Brazil, Japan and the United Kingdom between 2018 and 2021, allowing the business to invest in high-growth markets. Now, Walmart International is poised to generate long-term sustainable growth for the company. McKenna was
BENTONVILLE, Ark. — In recent years, Walmart has recognized the importance of its associates to the company’s present and future success, adopting policies that address a host of issues ranging from career opportunities to financial well-being to health care, to mention just a few. As chief people officer, Donna Morris plays a critical role in
BENTONVILLE, Ark. — Latriece Watkins’ career trajectory continued its impressive ascent with her promotion last month to the position of chief merchandising officer for Walmart U.S. She is the first woman and the first person of color to hold the post. “Those of you who have worked with Latriece know she is a merchant at
BENTONVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became CEO nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding, Walmart proved
BENTONVILLE, Ark. — Walmart has grown its retail media business, Walmart Connect, by offering advertisers the ability to reach consumers when they are searching for products on the retailer’s website as well as via thousands of digital televisions and point-of-purchase screens in its physical stores. Now Walmart Connect plans to leverage the retailer’s stores to