BENTONVILLE, Ark. — Walmart is asking its suppliers to eliminate eight controversial chemicals from their products in order to increase their safety and promote sustainability. The targeted substances were selected with the assistance of the Environmental Defense Fund (EDF) and were limited in number to facilitate quick progress. The chemicals singled out are: formaldehyde, triclosan,
GOODLETTSVILLE, Tenn. — Dollar General Corp. announced Wednesday that it has completed the purchase of 41 former Walmart Express locations in 11 states. Dollar General expects to relocating 40 existing Dollar General stores into the acquired sites by October. It will also enter one new market through the deal. Terms of the transaction were not
BENTONVILLE, Ark. — Sean Clarke, who has led Walmart’s China business, will replace Andy Clarke as chief executive officer of Asda Group PLC in the United Kingdom. “Andy Clarke has decided the timing is right to step aside from his role with the company,” Walmart announced in a statement. “Sean’s leadership will allow Asda to
BENTONVILLE, Ark. — Walmart intends to sell its Yihaodian e-commerce business in China to JD.com Inc., that country’s largest e-commerce retailer by revenue. The deal is part of a strategic partnership between the two companies that meant to boost Walmart’s online sales and in-store traffic in China, while expanding JD.com’s e-commerce business. As part of
BENTONVILLE, Ark. — Walmart has tapped the leader of its China unit, Sean Clarke, to replace Andy Clarke as chief executive officer of Asda Group PLC in the United Kingdom. “Andy Clarke has decided the timing is right to step aside from his role with the company. Sean’s leadership will allow Asda to build upon the
Walmart just released its quarterly performance figures and, though they were only marginally improved over recent results, the consumer press glowed in its praise for the performance of the world’s largest retailer. In truth, Walmart is still struggling with attempts to lure shoppers into its stores and, once there, to entice them to purchase at
FAYETTEVILLE, Ark. — Walmart used its 2016 shareholders meeting to drive home the message that the customer is boss and the key to the retailer’s ability to grow. “Our mission is clear,” Doug McMillon, Walmart’s president and chief executive officer, said at the June 3 meeting. “We save customers money so they can live better.”
BRIDGEWATER, N.J. — Bausch + Lomb, a leading global supplier of ophthalmic pharmaceuticals, contact lenses, lens care products, and ophthalmic surgical devices and instruments , announced Monday that Walmart has presented the company with its 2015 U.S. Supplier of the Year Award in Consumables and Health & Wellness. The award recognizes the significant investment Bausch
BENTONVILLE, Ark. — Walmart is taking aggressive action on a number of fronts. Earlier this month the giant retailer tweaked its free delivery test program to more directly challenge Amazon.com Inc., filed suit against Visa Inc. over the card issuer’s policies regarding debit card transactions, and announced that it is bringing back greeters to all
NATIONAL HARBOR, Md. — At Walmart, the customer is the boss and the key to the retailer’s success, senior vice president of global consumer insights and analytics Matt Kistler told attendees at last month’s IRI Growth Summit 2016 here. “The size and scale of Walmart means that we serve a lot of customers, and 260
More than a month has passed since the sudden and unexpected death of Tom Coughlin, most closely remembered and admired as the onetime vice chairman of Walmart. Though a decade and a half has passed since Coughlin’s retirement, he is still much on the minds of those who knew him and worked with him. That
BENTONVILLE, Ark. — Walmart reported better-than-expected results for the first quarter, with earnings-per-share and comp-store-sales figures that exceeded the company’s guidance. Walmart’s earnings per share (EPS) for the quarter were 98 cents. According to Thomson Reuters I/B/E/S, analysts had estimated the company’s EPS would come in at 88 cents. Comparable store sales for Walmart U.S.