PRO_1170x120_4-1-19

Wal­mart

Walmart reports Q4 sales gain

BENTONVILLE, Ark. — ­Wal­mart demonstrated its appeal to American shoppers in the fourth quarter with solid same-store sales growth at Walmart U.S. and Sam’s Club. The better-than-expected fourth quarter financial results reflected strength across a range of product categories, including toys, home, seasonal, electronics and grocery. Digital sales were up 43% in the quarter and

Walmart fills top health care post

BENTONVILLE, Ark. — Wal­mart has hired health care industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Wal­mart U.S. He reports directly to Wal­mart U.S. president and chief executive officer Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building businesses

Belsham picked to lead Jet.com

BENTONVILLE, Ark. — Wal­mart’s Jet.com has named Tesco PLC veteran Simon Belsham president. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business. “With Jet Grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique background in converging technology and retail to

Walmart’s new model

BENTONVILLE, Ark. — Wal­mart will double the number of U.S. curbside locations next year where online shoppers can pick up groceries and other merchandise, hastening its transformation into a channel-agnostic retailer, company executives said at Walmart’s annual meeting with investors this month. At the same time, Walmart is scaling back new store growth in the

Walmart set to team up with Google

BENTONVILLE, Ark. — Wal­mart and Google announced a new partnership that will enable voice shopping through Google Assistant, Google’s virtual assistant that resides on devices such as its smart speaker, Google Home. Consumers will now be able to utilize Walmart’s Easy Reorder feature through an integration with Google’s shopping service, Google Express. This will allow

Walmart tightens ship

BENTONVILLE, Ark. — Wal­mart has shuffled its merchandising management ranks while eliminating some positions in its merchandising and replenishment divisions. At the same time, the retailer has unveiled new proposals to promote manufacturing in the United States. The management changes are taking place in food, general merchandise and merchandising operations, and they were revealed in

A new Walmart rises

FAYETTEVILLE, Ark. — Wal­mart has “started to invent the future of shopping again,” president and chief executive officer Doug McMillon said at the company’s annual shareholders meeting this month. “Together, we’re building a new Walmart,” McMillon told more than 14,000 associates from the U.S. and around the world at the University of Arkansas. “We’re going

Walmart vows to reinvent shopping

Walmart vows to reinvent shopping

FAYETTEVILLE, Ark. — Wal­mart has “started to invent the future of shopping again,” president and chief executive officer Doug McMillon said at the company’s annual shareholders meeting this month. “Together, we’re building a new Walmart,” McMillon told more than 14,000 associates from the U.S. and around the world at the University of Arkansas. “We’re going

Walmart U.S., Sam’s executives shuffled

BENTONVILLE, Ark. — Wal­mart is realigning its top management at its Walmart U.S. and Sam’s Club units as the company moves to have several executives oversee both online and in-store operations. Doug McMillon, the company’s president and chief executive officer, said in a memo to employees that the moves were made to help Walmart become

Walmart sees Jet.com as E-tail accelerator

BENTONVILLE, Ark. — Wal­mart has finalized its $3.3 billion acquisition of e-tailer Jet.com, a deal that president and chief executive officer Doug McMillon said “will build on our e-commerce foundation and accelerate growth.” With the closing of the deal, which was announced in early August, Jet.com founder and chief executive officer Marc Lore becomes executive

Walmart puts muscle behind Made in the USA push

Walmart puts muscle behind Made in the USA push

BENTONVILLE, Ark. — Wal­mart surprised suppliers at its third “Made in the USA Open Call” event, promising that it would say yes to virtually every product pitched. “At a minimum, we’re putting every item pitched in open call on Walmart.com,” said Steve Bratspies, chief merchandising officer for Walmart U.S. The promise came during the opening