BENTONVILLE, Ark. — Walmart reported record sales for its fourth quarter and year ended January 31. Revenues totaled $152.1 billion for the fourth quarter (an increase of 7.3%) and $559.2 billion (an increase 6.7%) for the year. The retailer also said it was stepping up its capital investments and will raise its average associate pay
FAYETTEVILLE, Ark. — Walmart is launching a new service this fall that will allow customers to get groceries delivered right into their refrigerators. Walmart president and chief executive officer Doug McMillon announced the service, called InHome Delivery, during the company’s annual shareholders meeting here. “What’s the one thing busy families can’t buy at Walmart?” McMillon
WASHINGTON — The National Retail Federation will recognize Walmart president and chief executive officer Doug McMillon as “The Visionary,” an award given once a year to an outstanding retail industry leader, during the 2018 NRF Foundation Gala on January 14 in New York City. “From risk-taking acquisitions like Jet.com to investing in the future of the industry by prioritizing workforce solutions and spearheading initiatives that empower businesses to be a