BENTONVILLE, Ark. — Walmart shareholders voted down nine proposals, ranging from a call for a racial equity audit to one seeking an evaluation of the risks of doing business with China. Shareholders also approved the election of the retailer’s director nominees. The votes came during Walmart’s annual shareholders’ meeting, which was conducted virtually on Wednesday.
BENTONVILLE, Ark. – Walmart today announced that it is raising pay for approximately 3,700 pharmacists and 4,000 opticians while also rolling out a new pathway for opticians to grow their careers with industry-recognized training that’s 100% paid for by the company. Walmart pharmacists will now be paid more than $140,000, not including bonuses and incentives,
BENTONVILLE, Ark. — Walmart opened a high-tech market fulfillment center at a store here Monday in support of its strategy of leveraging physical stores to fulfill online orders. The new facility, which opened in Store 100 at 406 S Walton Blvd. in Bentonville, Ark., on Monday, is powered by a proprietary storage and retrieval system
BENTONVILLE, Ark. — Walmart has named company veteran Latriece Watkins to the post of executive vice president and chief merchandising officer, effective immediately. She succeeds Charles Redfield, who is leaving the company this month after 32 years. “We have a rich history of strong leaders who embrace this constant change, set bold visions for our
BENTONVILLE, Ark. – Walmart today said revenue increased 7.6% to $152.3 billion in its first quarter, topping Wall Street expectations. The company also raised its fiscal 2024 forecast; management now expects consolidated net sales will rise about 3.5% this year. For the current quarter, Walmart forecasts consolidated net sales to increase by about 4%. First-quarter
BENTONVILLE, Ark. — Walmart has named company veteran Latriece Watkins to the post of executive vice president and chief merchandising officer, effective immediately. She succeeds Charles Redfield, who is leaving the company this month after 32 years. Walmart U.S. president and CEO John Furner shared the news of Watkin’s appointment on Friday in an internal
BENTONVILLE, Ark. – Walmart is hosting Wellness Day events at more than 4,600 stores on Saturday, May 6 from 10 a.m. – 2 p.m. Customers can receive free health screenings for things like glucose, cholesterol, BMI and blood pressure, as well as affordable immunizations like flu, COVID-19, shingles, tetanus, measles and others at pharmacies nationwide.
BENTONVILLE, Ark. — Walmart plans to give away as many as 20,000 free one-year Walmart+ memberships to new moms as part of its new “Mother of All Savings Memberships” campaign. The campaign promotes a Walmart+ membership as the ultimate mom hack. “Walmart+ brings together benefits that will help save moms precious time,” Walmart executive vice
BENTONVILLE, Ark. — As part of its effort to transition to a zero-emissions transportation fleet, Walmart is adding a truck with an engine developed by Cummins that is powered by compressed natural gas (CNG). The new truck will make its inaugural trip from Indiana to California, making pit stops along the way to refuel at
BENTONVILLE, Ark. — Walmart chief merchandising officer Charles Redfield will be stepping down from his post next month. Walmart U.S. CEO John Furner said in a memo to employees on Friday that Redfield will leave the role on May 1 to spend more time with his family. He will stay on as an advisor for
TAMPA, Fla. — Walmart is counting on investments in an automated, integrated supply chain to deliver ongoing sales and profit growth, executives told analysts during the company’s annual investment community meeting here recently. Management also confirmed its fiscal 2024 first quarter and full-year earnings guidance. In his opening remarks, president and chief executive officer Doug
BENTONVILLE, Ark. – Walmart is using its two-day 2023 Investment Community meeting to provide details of its investment approach. Company leaders are presenting a roadmap for how investments centered around people and leveraging a state-of-the-art integrated supply chain network are delivering a leading omnichannel experience and driving top-line growth, margin expansion and an improved return