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Walmart

John Furner tapped to lead Walmart U.S.

John Furner tapped  to lead Walmart U.S.

BENTONVILLE — Walmart said Thursday that John Furner will become the president and chief executive officer of Walmart U.S., effective November 1. Furner, who currently serves as president and CEO of Sam’s Club, will succeed Greg Foran, who has led Walmart U.S. for five years. Foran is leaving Walmart to become CEO at Air New

Walmart adds health care to Live Better U’s offerings

Walmart adds health care to Live Better U’s offerings

BENTONVILLE, Ark. – Less than two weeks after providing a first glimpse into its pioneering “Walmart Health’ concept, the company has unveiled a plan to train associates for occupations in health care. Beginning September 24, Walmart’s 1.5 million associates in the United States can apply for one of seven bachelor’s degrees and two career diplomas

Walmart reshapes marketing team

BENTONVILLE, Ark. — Wal­mart has been reconfiguring its marketing team following the August 30 departure of Barbara Messing, who returned to the San Francisco Bay Area after serving as the company’s chief marketing officer for a little over a year. Michael Francis, a former chief marketer at both Target Corp. and Dreamworks, is joining Walmart

McMillon seeks a higher value

McMillon seeks a higher value

Doug McMillon, chief executive officer of Walmart, was in the news recently for all the right reasons. Bucking traditional business wisdom, he announced new restrictions on Walmart’s program around gun sales. No longer, he announced, would the nation’s largest retailer sell certain types of ammunition. More than that, customers would be discouraged from entering Walmart

Walmart debuts first health and wellness center

Walmart debuts first health and wellness center

DALLAS, Ga. — When Sam Walton opened the first Walmart store in Rogers, Ark., in 1962, he set in motion an enterprise that fundamentally transformed the way Americans shop, giving them convenient access to high-quality consumer products at the lowest possible price. Now, 57 years later, the company has embarked on a pilot test to

Walmart names Nuala O’Connor to new digital role

Walmart names Nuala O’Connor to new digital role

BENTONVILLE, Ark. — Walmart has appointed Nuala O’Connor to a new role as senior vice president and chief counsel of digital citizenship. In that role, O’Connor will focus on Walmart’s use of data and technology to advance the retailer’s goals, the company said. “This digital citizenship function will counsel the company on issues related to

Walmart changes policies on guns, ammo

Walmart changes policies on guns, ammo

BENTONVILLE, Ark. — Walmart said Tuesday that it will stop selling certain kinds of guns and ammunition, and will discourage customers in “open carry” states from openly bringing their firearms into Walmart stores. The move comes a month after a gunman entered a Walmart store in El Paso, Texas, shooting 48 people and killing 22

Walmart reports Q2 net income of $3.6 billion

Walmart reports Q2 net income of $3.6 billion

BENTONVILLE, Ark. — Walmart reported on Thursday a second-quarter net income of $3.6 billion compared with a net loss of $861 million a year earlier. Revenue rose 1.8% to nearly $130.4 billion. Operating income, on a constant currency basis, declined 2.4% to $5.6 billion. “Customers are responding to the improvements we’re making, the productivity loop

Grocers go mobile

NEW YORK — Food retailers continue to bolster their grocery pickup and delivery capabilities as a growing proportion of shoppers buy at least some of their food online. Kroger Co., Walmart, Giant Food, Wakefern Food Corp. and Weis Markets Inc. were among the food retailers announcing grocery fulfillment-related developments in July. Kroger chief executive officer

Walmart hones supply chain

BENTONVILLE, Ark. — Wal­mart is merging its store and digital supply chain teams in the United States. The retailer says the move is a next step in its effort to create a seamless omnichannel shopping experience for its customers. Greg Smith, executive vice president of supply chain at Walmart U.S., will lead the combined team,