by - May 13, 2019 4:59 pm
Retail behemoth Walmart Inc. will report first-quarter earnings Thursday (May 16) before the opening bell. Wall Street anticipates net income of $2.925 billion for the quarter ending April 30, or…
by - March 4, 2019 5:56 pm
Walmart announced a new addition to its legal team for the role of chief antitrust counsel being filled by Suzanne Wachsstock, effective March 4. Wachsstock joins Walmart from American Express,…
by - February 28, 2019 3:44 pm
Walmart executives believe winning at omnichannel is the retail giant’s best chance for continued success. That was a central theme at Walmart’s recent Supplier Summit held in Rogers Tuesday and…
by - February 26, 2019 1:07 pm
Walmart set a new goal to reduce plastic waste in packaging and is asking its suppliers to join the effort. By 2025, Walmart said 100% of its private brand packaging…
by - February 19, 2019 12:42 pm
Gains in holiday sales helped boost Walmart revenue in the 2019 fiscal fourth quarter, and for the fiscal year ending Jan. 31. Quarterly revenue for the Bentonville-based retail giant rose…
by - February 14, 2019 5:30 pm
Walmart is expected to report solid fourth-quarter and fiscal year gains behind robust holiday sales ahead of the government shutdown which could have some impact on the last part of…
by - January 18, 2019 7:30 pm
Walmart and CVS Health reported Friday (Jan. 18) the two companies have reached an agreement that allows Walmart to remain part of the CVS Caremark prescription benefits management group. This…
by - December 15, 2018 11:22 am
Jay Jorgensen, global chief ethics and compliance officer for Walmart Inc. since 2012, is leaving the company effective Jan. 31. Daniel Trujillo, who has served as senior vice president and…
by - December 14, 2018 3:05 pm
Walmart U.S. CEO Greg Foran announced major changes Friday (Dec. 14) to the company’s operations team. In an internal memo sent to employees, Foran said Mike Moore, executive vice president…
by - December 6, 2018 8:33 pm
Walmart’s shopping spree continues with the latest purchase of Art.com, a startup founded in 1998, and now the largest online art and wall decor retailer with more than two million…
by - October 16, 2018 4:39 pm
Wall Street analysts heard from Walmart executives on Tuesday (Oct. 16) about their plans to build out the company’s ecosystem and capture opportunities for long-term growth. But, the retail execs…
by - October 15, 2018 6:07 pm
Walmart has held its own against retail competitors this year in terms of growing sales and investing for the future. But Walmart shares have lagged competitors, and is down 4.5%…
by - August 18, 2018 1:10 pm
Walmart has completed its largest acquisition in company history in terms of price — $16 billion — for Indian startup Flipkart. The Bentonville-based retail giant announced Saturday (Aug. 18) the…
by - June 17, 2018 2:15 pm
Amazon may be the darling of Wall Street but the technology company and online retailer remains a distance second to Bentonville-based Walmart when it comes to overall revenue, according to…
by - June 3, 2018 6:30 pm
Walmart CEO Doug McMillon and his top management team on Friday were asked repeatedly by equity analysts about the recent $16 billion investment for a 77% majority stake in Indian…
by - May 17, 2018 6:49 am
Fiscal first quarter revenue and earnings per share for Walmart Inc. beat the consensus estimates, although acquisitions and investment in e-commerce initiatives made by the global retail giant continue to…
by - February 13, 2018 8:10 pm
Walmart officials recently told suppliers at its annual growth summit held near its home base in Bentonville the retail giant is winning favor with Millennials, claiming its online business and…
by - February 10, 2018 8:20 am
Walmart announced late Friday Rachel Brand will join the company as executive vice president, global governance and corporate secretary. Brand will report to CEO Doug McMillon and is replacing Jeff…
by - February 8, 2018 6:55 pm
Walmart has expanded its board of directors with the addition of Sarah Friar, CFO of Square, the mobile credit card processing firm. Friar joined the board this week as a…
by - February 6, 2018 2:23 pm
Technology innovation is in big demand with the likes of Amazon, Google and Apple forging the way benefiting their own business models. Two of Northwest Arkansas’ largest employers aren’t standing…
