February 26, 2024 by MMR
CES, Consumer Electronics Show, Doug McMillon, Walmart
2024, Issue 02-26-2024
BENTONVILLE, Ark. — Walmart entered 2024 moving simultaneously on several fronts to advance its transformation into a new kind of retailer — indeed, a new kind of business enterprise. At the same time, the company is re-emphasizing the importance of its retail roots with plans to resume opening stores in the United States. At a
February 20, 2024 by MMR
fiscal results, fourth quarter, Walmart
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark – Walmart Inc. posted revenue growth of 5.7% in the fourth quarter, including a 4% comp sales gain in its Walmart U.S. division. “Our team delivered a great quarter, finishing off a strong year,” chief executive officer Doug McMillon said in a statement. “We crossed $100 billion in eCommerce sales and drove share
January 31, 2024 by MMR
Store of the Future, Walmart, Walmart U.S. president and CEO John Furner
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart on Wednesday detailed investments in new and remodeled stores that it says will create new jobs while offering an improved shopping experience for its customers. The planned expansion of its brick-and-mortar presence marks a change in direction for the retailer, which has not added to its U.S. store count in recent
January 31, 2024 by MMR
Associate Stock Purchase Plan, common stock, Doug McMillon, sam walton, Walmart
Featured Articles, Leading Headlines, Money, Retail News
BENTONVILLE, Ark.– Walmart announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1. The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach. More than 400,000
January 10, 2024 by MMR
Andy Cohen, New Year's resolutions, Walmart
Leading Headlines, Retail News
BENTONVILLE, Ark. — Ahead of National Quitters Day (the second Friday of January, when research suggests many will give up on their 2024 resolutions), Walmart+ is joining talk show host Andy Cohen in a “Save Your Resolutions” campaign that could help people stay the course on their goals for the year. “As someone who has
January 10, 2024 by Jeffrey Woldt
CES, chief merchandising officer Latriece Watkins, chief people officer Donna Morris, chief technology and development officer Suresh Kumar, Doug McMillon, Sam’s Club chief merchant Megan Crozier, Satya Nadella, Walmart
Featured Articles, Leading Headlines, Retail News
LAS VEGAS — Doug McMillon and several other members of Walmart’s management team discussed their vision of a new type of commerce — adaptive retailing — at the Consumer Electronics Show here yesterday. Driven by the needs of customers and associates, the concept hinges on technology and its role in creating an interconnected and frictionless
November 27, 2023 by MMR
third quarter, Walmart
Issue 11-27-2023
BENTONVILLE, Ark. — Walmart cited strong grocery sales and gains in e-commerce in posting fiscal third quarter earnings that beat consensus estimates. “We had strong revenue growth across segments for the quarter, and we’re excited to get an early start to the holiday season,” said Doug McMillon, Walmart’s president and chief executive officer. Walmart said
November 27, 2023 by MMR
Kantar, PoweRanking, Walmart
Issue 11-27-2023
NEW YORK — Walmart held the highest rung in Kantar’s ranking of retailers for 2023. It was the 27th consecutive year that Walmart was named top retailer in the PoweRanking of retailers and supplier/manufacturers that set the standard for performance, as judged by their trading partners. Kroger occupies the No. 2 position among retailers this
November 16, 2023 by MMR
consumer spending, Walmart, Walmart earnings guidance, Walmart fiscal third quarter earnings
Featured Articles, Money, Retail News
BENTONVILLE, Ark. — Walmart today topped estimates for its fiscal third-quarter earnings on strong grocery sales and gains in its e-commerce business. The retailer posted net income of $453 million, or 17 cents a share, in the 13 weeks to October 27. That compares to a $1.8 billion loss in the year-earlier quarter due to
November 1, 2023 by MMR
Black Friday Deals, holiday shopping, Walmart
Leading Headlines, Retail News, Uncategorized
The holiday shopping season is about to kick into high gear, and Walmart aims to lead the charge with a series of “Black Friday Deals” events that start early and extend throughout the entire month of November. Walmart+ members will also get an exclusive head start on the hottest deals, making this holiday season extra
October 24, 2023 by MMR
Heroes & Headliners concert, Veterans Day, Walmart
Leading Headlines, Retail News
BENTONVILLE, Ark. — On Nov. 11, Veterans Day, Walmart is celebrating the military community with a star-studded concert for veterans and their families. The first Heroes & Headliners concert features musical acts Chris Stapleton, H.E.R. and Imagine Dragons with Rob Gronkowski and Camille Kostek serving as emcees. Customers will be able to stream the sold-out concert live on Walmart.com/Live,
October 18, 2023 by MMR
holidays, Inflation, Walmart
Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart promises a season of savings designed to make shopping for gifts and celebrating the holidays more affordable. With 92% of Walmart customers expressing some level of concern about inflation1 and how it will impact holiday celebrations, the retailer says it is doubling down on its commitment to saving customers more money.