PRO_1170x120_4-1-19

Walmart U.S.

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 launches ad campaign for grocery pickup

Walmart launches ad campaign for grocery pickup

BENTONVILLE, Ark. — The spotlight is shining on Walmart’s in-store pickup program with the retailer’s launch this week of a national advertising campaign to promote the fulfillment option. “[W]ith the service now available nationally and growing in both popularity and to even more locations this year, we’re kicking off 2019 with our biggest and first-ever

Black Friday generated big crowds at retail stores

Black Friday generated big crowds at retail stores

NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer

Walmart names new SVP of health and wellness

Walmart names new SVP of health and wellness

BENTONVILLE, Ark. — Walmart has hired healthcare industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Walmart U.S., effective August 1. He will report directly to Walmart U.S. president and CEO Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building

Walmart posts third quarter sales gains

Walmart posts third quarter sales gains

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,

Walmart streamlining U.S. operations

Walmart streamlining U.S. operations

BENTONVILLE, Ark. — Walmart is streamlining its U.S. store operations in order to respond more quickly to change, according to published reports. The consolidation will reportedly organize retailer’s domestic store operations into four divisions, down from six. As part of the restructuring, Wal-Mart will also have 36 regional managers instead of 44, a source told

Walmart U.S. comp-store sales up 1.8%

Walmart U.S. comp-store sales up 1.8%

BENTONVILLE, Ark. — Walmart’s U.S. business accelerated in the fiscal fourth quarter, with domestic same-store sales posting their biggest increase since 2012. It was the 10th consecutive quarter of same-store sales growth for Walmart, which also said global e-commerce sales surged during in the three months ended January 31. Walmart said it earned $3.76 billion,

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 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

Top merchant honors go to Redfield of Walmart

Top merchant honors go to Redfield of Walmart

BENTONVILLE, Ark. — In October Charles Redfield was named executive vice president of food for Walmart U.S. Before that, he spent about three and a half years as executive vice president of merchandising for Sam’s Club, with sourcing and merchandising responsibility for the division’s more than 650 locations ­nationwide. It is for his work at

Walmart launches own mobile payment platform

BENTONVILLE, Ark. – Despite the emergence of multiple mobile payment platforms, Walmart has gone ahead and launched its own: Walmart Pay. The discount store giant said Thursday that the debut of Walmart Pay makes it the only retailer to offer its own payment solution that works with any iOS or Android device, at any checkout