CORM_1170x120_7-7-20

Walmart

Walmart beauty exec retires

BENTONVILLE, Ark. — Jody Pinson, one of the most respected faces in mass market beauty retailing, has retired after 30 years at Walmart. Pinson held myriad positions through the years at Walmart, from tagging apparel in a warehouse to participation in the management training program. She was promoted to a buyer role in 1999 and

Walmart commits $25 million to global COVID-19 response effort

Walmart commits $25 million to global COVID-19 response effort

BENTONVILLE, Ark. — To help meet the critical needs resulting from the global COVID-19 pandemic, Walmart and the Walmart Foundation have committed $25 million to support organizations on the front lines responding to the outbreak. “In times of need, we see communities come together to do extraordinary things. This pandemic is no different,” said Kathleen McLaughlin,

Walmart+ being tested as rival to Amazon Prime

Walmart+ being tested as rival to Amazon Prime

BENTONVILLE, Ark. — Walmart has been testing its own membership program to compete with Amazon Prime, according to published reports. Called Walmart+, the program could launch as soon as next month. The move is seen as a recognition of how effective the Amazon Prime membership program, which debuted in 2005, has been in fueling customer

Walmart posts sales gains for Q4, year

Walmart posts sales gains for Q4, year

BENTONVILLE, Ark. — Walmart reported sales of $141.7 billion for the fourth quarter of fiscal 2020, an increase of $12.9 billion, or about 2.1%, over the prior year period. Earnings and sales fell short of analysts expectations, however, and Walmart said that holiday sales were softer than expected. Walmart president and CEO Doug McMillon said