BENTONVILLE, Ark. — Walmart last month announced executive-level changes at its Walmart International and Sam’s Club U.S. units, including the retirement of Judith McKenna after 27 years with the company, most recently as president and chief executive at Walmart International. McKenna will tradition out of the company by year-end. She will be succeeded by Kath
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. — Judith McKenna has been named president and chief executive officer of Walmart International. McKenna, who has been executive vice president and chief operating officer of Walmart U.S., will take charge of Walmart’s second-largest operating segment on February 1. She succeeds David Cheesewright, who has headed Walmart International since 2014 and will retire
BENTONVILLE, Ark. — Walmart has named Judith McKenna president and chief executive officer of Walmart International, effective February 1. She will succeed David Cheesewright. Cheesewright has led Walmart’s international division, which is the company’s second largest operating unit, since 2014. He will remain with Walmart in a full-time capacity through March, and will then move into
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,
MISSISSAUGA, Ontario — Walmart Canada veteran Lee Tappenden will become the company’s new chief executive officer, effective August 15. He joined Walmart Canada in 2010 and has held several senior positions since then. Tappenden currently is chief operations officer. He will succeed Dirk Van den Berghe, who assumed the role in August 2014. Before joining
BENTONVILLE, Ark. — Walmart on Friday announced plans to close 269 stores worldwide, including all 102 of its small-format Walmart Express stores in the United States. The company said the move is a result of a review of the nearly 11,600 stores in its global portfolio. That review, announced in October, was intended to ensure